SI
SI
discoversearch

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.
Politics : Idea Of The Day
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Duke who wrote (9274)9/10/1997 3:11:00 AM
From: IQBAL LATIF   of 50167
 
Markets trend is not visible yet but I know one thing clearly that 2nd quarter earnings will be baten by the third quarter in number of companies- the reason we have ASND weakening is that questions have been raised on meeting third quarter analyst expectations- I will recommend that you start building up your position in ASND if bonds improve to say 5.50%- this will certainly take out quite a bit of uncertainity from the market- however ASND is a good stock in long term and will see much better days- In my opinion this stock has a potential of 75$ BUT BEFORE THAT AS THIRD QUARTER EARNINGS COME OUT IT MAY TEST 36-40 LEVEL.

Rising interst rates once confirmed will be rather helpful to the market it is this uncertainity which is counter productive- last night look at bond charts the tested 112,28 atleast four times now naturally with this type of configuration people get real flat footed as they are not sure of next move, it is for this singular reason that S&P and DOW are reluctant to move forward- take this hanging sword of interst rate worries and you will see a test of lows at 880 but a solid base for earning season- I think we will have this opportunity to see some consolidation and the decision to buy ASND must be taken in this background if you have the stomach to take the risk now your rewards may be higher but if you wait until the interest and earning seasons is over you will still own ASND a great company albeit with much lesser risk- you will lose some upside but I assure you that it would not be much-the choice is all yours. Investing is about your definition of risk and reward. ASND on product side I know is taking up major market share.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News