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

To: Gary Korn who wrote (33599)	2/5/1998 10:26:00 PM
From: thebeach	Respond to of 61433

Its simple,ASND is a prime takeover candidate. It does not take a Rhodes scholar or a rocket scientist to figure this out. Take a look at the option action the past 2 weeks,ASND is in play .I will take over Tim's prediction posts if I am allowed.Tomorrow is ........... High-34.5 Low- 32.5 Close-34.5 Have a great night.

To: Gary Korn who wrote (33599)	2/5/1998 10:52:00 PM
From: Tim Luke	Read Replies (2) \| Respond to of 61433

Gary, Question: A couple weeks back (I think) when asnd received a few upgrades and the stock traded down, why all of a sudden is the volume and the stock up?

To: Gary Korn who wrote (33599)	2/6/1998 12:08:00 AM
From: sepku	Respond to of 61433

>>>whether a move like this can continue unabated, or are we looking for a little gap filling?<<< Gary, if we can achieve a positive breakout through the 200dma, we'll have the wind at our backs -- at minimum, strong support while the stock catches its breath...at most, continued momentum. According to the figures someone just posted, we're only 12% or so away from the 200dma. The bulls are becoming more confident in this charge, and the bears are breaking ranks...that should encourage the longs to stay long and perhaps add to their positions, shorts vice-versa. Are these gray skies finally showing some blue? Style Pts.