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

To: Tim Luke who wrote (44729)4/17/1998 2:00:00 PM
From: djane  Read Replies (1) | Respond to of 61433
 
High volume, 6M shares, up 1.5 to $42.25. ASND following pattern in last month of 1-2 point moves up on high volume and slight declines/flat prices with support on low volume. Very nice especially on an options expiration day when the bias was supposed to be towards 40. Anyone for a breakout anytime soon? djane



To: Tim Luke who wrote (44729)4/17/1998 2:31:00 PM
From: Dennis R. Duke  Read Replies (1) | Respond to of 61433
 
I hope you will accept being wrong about ASND today. I will be much happier with a close above $42. But we'll have to wait about 2 hours to know for sure who is correct. A weekend sell-off might well be in the picture, but the intraday chart appears to be headed slowly up. And the stock is currently above $42.

Here's to hoping for more, Dennis


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