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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Gary Korn who wrote (32307)1/28/1998 8:02:00 AM
From: yojim  Read Replies (1) | Respond to of 61433
 
Gary:

I have reshuffled my portfolio including INVX,
my favorite, because of market conditions. The one
stock I did not dump is ASND. They have cutting edge
products, and an exploding market. I traded out of a
well managed company (temporarily) that made quality
products cheap. I am with ASND because they are at the
edge of a revolution. To be brief, any stock with staying
power spends most of its time in a linear pattern. This
lack of up and down movement is normal. We have already
experienced a significant upturn. One of the TA theories
that I think has value is that volume linear is proportional
to volume vertical. I expect it has a lot of terms, but
the one I am familiar with is "establishing a base".

I expect it is the peanut gallery preaching to Howdy, but
sometimes you forget what you know, especially if its your
BIG holding.

Thanks for all the helpful posts,

jim