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

To: Jeff Jordan who wrote (39845)	3/18/1998 4:02:00 PM
From: Peter Yang	Respond to of 61433

ASND is now trading very close to 50 MA. This had not been seen before yesterday for a long time. MACD also indicates a bearish trend. If ASND falls below 50 MA in next a few days, it could spell trouble for longs. Otherwise it could rebound to $35-$37 again.

To: Jeff Jordan who wrote (39845)	3/18/1998 4:06:00 PM
From: Greg h2o	Read Replies (1) \| Respond to of 61433

What happened to all of the smug traders who were certain we were going through 40? Isn't it amazing how all of those indicators just failed to let everyone out at the top? (disclaimer: I'm still long ASND at 23 and 32). greg

To: Jeff Jordan who wrote (39845)	3/18/1998 4:06:00 PM
From: Joseph Colombo	Read Replies (1) \| Respond to of 61433

<<You can have this stock..I'm out for good on Friday...Let the big boys play their games!>> Jeff, I feel the same way. I put so much effort into this stock, and it gives me a tough time. I also put a lot of effort into the rest of my portfolio, and I see gains. It makes the whole thing worth while. ASND can be a pain. Joe