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

To: gbh who wrote (42680)	4/7/1998 4:03:00 PM
From: Jan Crawley	Read Replies (1) \| Respond to of 61433

Wish that I bought more than 200!

To: gbh who wrote (42680)	4/7/1998 4:04:00 PM
From: Igor Nasonov	Respond to of 61433

The pleasure is all OUR's now. I think we'll see 40 Thursday if not tomorrow. Good Trading, Igor

To: gbh who wrote (42680)	4/7/1998 4:08:00 PM
From: Tim Luke	Read Replies (1) \| Respond to of 61433

38 5/16!!!! OK GUYS and GALS, I just spent the last 2 hours fishing for information on todays action and here is what i got. 1. Earnings will be very positive 2. "Please take this one with a grain of salt" But there is going to be some big news coming out after the earnings are released. This was all i was told so i'm guessing another takeover rumor but this time it might be true. Above info. comes from a reliable source that I deal with on a weekly basis Good Luck to all who have hung in there. Thursday..$39 Monday....$40++++++

To: gbh who wrote (42680)	4/7/1998 4:21:00 PM
From: Jeffery E. Forrest	Read Replies (2) \| Respond to of 61433

Gary. Today mighta done it. I was really looking for that gap to be tested as you know, but it was a pretty strong reversal and may have been the last gasp shake out that I was expecting. If this rumor of news is not immediately forthcoming or it is some kinda BS news (a rehash, etc.)than I would still expect further selling. Any decent news will make this thing go on a run. I get a real kick out of watching this thread. ASND is VERY strong right now, but the first little shake we got and you'd think the world was ending. The fact of the matter is that ASND is longterm bullish and genuinely good news will propel it upward. A retracement from 39 after a 30% move was expected and should have been nothing to worry about. If I am right, the next move should take out 40 and go to the next level of resistance. If it was anything BUT a gap there, I would be quicker to say YES this definitely was a reversal, yadadayadada, but gaps are so strong that I'll withold judgement for now until I can see an end of day chart. I gotta download my data. I'll get back to you. Closing the day with a bang as it did sure does indicate that someone knows something.