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

To: Tim Luke who wrote (41638)	3/31/1998 1:03:00 PM
From: Inga	Read Replies (1) \| Respond to of 61433

I did some TA on recent price movement and here is my 2 cents. We will see 40+ on April 9 or earlier. We can be 99% sure that the quarter is in the bag (the street definitely knows it by now), regardless of any new bomb threats and downgrades from now until earning date. April 9 would be a good day to take profits because it is very likely that a pullback to 35-37 would definitely occur (look at past 3 quarters) if earning just beats estimate by 1 or 2 pennies. We then fluctuate between 38-45. By June, if Q2 is good again, I am sure all momentum players are back like the old days, and here comes 55-60 and 40-45. Good luck. OT, I think Gary K. dropped out at the worst time (30-33). He probably thought we were going to the 20s again hence cut his losses short (too bad, but you never know when to cut losses short or when to be patient and holding on). His case is probably a classic case of rational logical analysis completely overtaken by emotion (irrational fear). Wish him luck with AOL and AMZN. I decided today to be a die-hard ASND investor. See you at 100.