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

To: Gary Wisdom who wrote (56408)10/23/1998 12:21:00 AM
From: Gary Wisdom  Respond to of 61433
 
Interesting. The 200 dma on Ascend is $42.27. Today's low was $42 3/8. The 50 dma is $43.72. Closed at $43.875.

These two moving averages have been converging for a month now, getting closer and closer each day.

Look for big upward movement once it breaks through this congestion.



To: Gary Wisdom who wrote (56408)10/23/1998 10:14:00 AM
From: Thomas M.  Read Replies (2) | Respond to of 61433
 
ASND has some nice routers, but they're collecting dust because no one is buying them.

Tom



To: Gary Wisdom who wrote (56408)10/23/1998 11:56:00 AM
From: mrclinton  Read Replies (1) | Respond to of 61433
 
Might as well make a comment about Ericsson now to save us all having to read junk about possible merger/alliance with ASND. They've just bought ACC to satisfy their dial access needs and they have an ATM/IP solution using MPLS. Sound familiar? It will be a cold day in hell before these two get together so lets keep the thread clear of Ericsson speculation please gents.

Bill


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