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


To: Highway Jim who wrote (33151)2/3/1998 8:40:00 PM
From: thebeach  Respond to of 61433
 
Well what are you waiting for? Are you looking to short it or go long?
If you are waiting to see it come down then I suggest you do not hold your breath. 32 is just around the corner,in fact if an analyst or two come out tomorrow and upgrade the sector we could open gap up 1 to 31 and a piece,good luck.Remember the admission price went up after CSCO's good earnings.They did not disappoint and sales are growing at an alarming rate.



To: Highway Jim who wrote (33151)2/3/1998 8:50:00 PM
From: Sowbug  Respond to of 61433
 
Tim, I am also luking on the side lines

Is that some sort of Freudian slip? Luking along with Tim Luke sounds a little racy, guys.



To: Highway Jim who wrote (33151)2/3/1998 8:58:00 PM
From: Spaw  Read Replies (2) | Respond to of 61433
 
JB,
If the stock breaks through upside resistance @ 31, it will head on up to the 33-35 range. Closing over 30 two days in a row is a real plus for this stock. Judging the action today along with renewed strength in the networkers, I'm looking for a breakout this week.

My .02c,
--spaw--