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


To: Bindusagar Reddy who wrote (53493)9/1/1998 11:05:00 AM
From: Sonny  Read Replies (2) | Respond to of 61433
 
One day ... extremely low volume may signal end of selling ...

Speed of bears will slow down and eventually they'll stop. Sooner or later shorts will start to fear. Bulls may not come out of their camp until this. Implications ==> One day, extremely low volume. Then Bulls will start their advance, imho.

Time for starting of bulls' move: After labor day.
ASND price: Low 33, high: 45 Sept, 54 Oct.

All imho, no one should care w/o their DD. :-)

cheers,
-/Sonny.



To: Bindusagar Reddy who wrote (53493)9/1/1998 11:10:00 AM
From: Lutz Moeller  Respond to of 61433
 
asnd sales growth ttm 16%, pe ttm 35,
csco sales growth ttm ? , pe ? i believe way over asnd