Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: SBerglowe who wrote (2940)	5/12/1998 8:52:00 PM
From: Judy	Respond to of 34811

Now why would LU buy ASND and inherit all that baggage that came along with CSCC? Fundamentally and technically, ASND appears to be the second strongest among the networkers currently. I'd consider taking a position on a strong bounce off its 13-day ema. But please understand I've been biased against the stock ever since its CEO mislead the Street a previous quarter ago, although Mory has kept mummm lately ... letting the company's performance speak for itself. New products are due out next month, we'll see. Cowen's 12-month target for the stock is 55, not surprising since there is very strong resistance at 55-57.