1. internet world is the 10-12th, i would have held my asnd through that time, asnd should bounce and if a buyout of asnd is planned, it will be announced at this time to steal the show.
2. i purchased some cs, so now i own both asnd and cs. would i flip back if i owned only cs, no, i would stick with cs.
3. cs and asnd are both down stocks, but i believe both will come back but not until next year.
4. cs with its current mgmt is more street friendly than asnd is with mory.
5. asnd is testing another multi-year low and is beaten down everytime another networker, ie cs, coms, warns, asnd takes a hit. this may happen to cs, we will have to wait and see.
both asnd and cs are under pressure from bigger rivals and substandard quaters. personally i think it is a crapshoot as to who recovers first. right now cs stock is even, asnd down 3/16th.
unless you believe asnd will make the quarter, you will see asnd in the teens with cs.
i do not know how much stock you own, but a split between the 2 may be best. |
