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


To: Terry Audette who wrote (56925)11/9/1998 1:40:00 AM
From: James A. Venooker  Read Replies (1) | Respond to of 61433
 
Terry,

I agree with you 100%!

I have posted more than a dozen times that closing above 50 has been our Albatross. We must break the resistance in order to pick up the momentum players. Several daytraders like Tim have jumped back aboard, but only because he (they)are diehard ASND players. We need hundreds of the "Tim's" to climb aboard, and then ASND could finally start to sail.

As far as the LU deal everyday they have waited has cost them huge money. 36..38..40..44..46..50! 14 points times the shares outstanding would have been enough additional cash to pick up the smaller players like XLYN, etc...with change to boot!

Good luck,

Jamie