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

To: Peter Yang who wrote (40377)	3/20/1998 3:03:00 PM
From: Mark Duper	Respond to of 61433

I think that on monday, company fundamentals and good earnings anticipation outweigh the technical analysis. I therefore see a good pop on Mon. regardless of where we land today. (Hopefully)

To: Peter Yang who wrote (40377)	3/20/1998 3:05:00 PM
From: Jeffery E. Forrest	Respond to of 61433

50DMA is important of course, but just because it closes a LITTLE under it for ONE day, does not mean it's gonna sell off. If it were to close two or three consecutive days under the 50DMA, THEN you should start to worry. So far it has acted nicely. Whenever it dips under the 50Day, it has rebounded. That is a bullish sign and the MORE it does it the more bullish it is.