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

To: Darren who wrote (49557)	7/8/1998 10:34:00 AM
From: Darren	Read Replies (1) \| Respond to of 61433

*** OT *** And what is with AAPL? I don't think they'll be estimates without some creative accounting, but the stock is moving... MacWorld!

To: Darren who wrote (49557)	7/8/1998 5:53:00 PM
From: Jeff Jordan	Respond to of 61433

ASND: Can't figure out the current run -- no major news. Maybe earnings are better than expected...50 was huge resistance, that just became support. I still can't buy it though -- too high. But, I won't be shorting... Darren, My guess is: 1) Earnings are reported Tuesday this is the pre earnings run, the question is do you want to hold after earnings? I guess that depends on how much we move before hand. And buy back on dips. My choice. 2.) ASND is seen as a safe place to park money for the next 6 months. Today may have been some smart Yahoo money looking for a resting place. Jeff