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

To: Inga who wrote (41643)	3/31/1998 3:57:00 PM
From: Jeffery E. Forrest	Respond to of 61433

I did some TA on recent price movement and here is my 2 cents. Where's the TA? We will see 40+ on April 9 or earlier. What do you base this on? We can be 99% sure that the quarter is in the bag (the street definitely knows it by now) Please share how your crystal ball came up with this. Are you in contact with Mory E.? 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. This is a house of cards all based on assumptions and guesswork. 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. Again, more conjecture and guesswork. A dart board would serve you just as well. Please back up your commentary. You have made a lot of VERY bullish projections, but have given NO reason's why these projections should occur.