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.
Technology Stocks : Ascend Communications (ASND)
ASND 220.58+5.0%Dec 12 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tim Luke who wrote (37224)3/3/1998 10:29:00 AM
From: Greg h2o  Read Replies (3) of 61433
 
Tim, just yanking your chain. Sometimes you can be so right for all the wrong reasons. Hasn't anyone looked at the rest of the tech stocks? Especially the communications stocks? ASND is not retreating because of any fundamental problems. The industry stocks have have had a tremendous run. There's profit taking and fear that Cabletron's problems will melt into the rest of the industry. Keep in mind, there are more stocks out there than just ASND.

Sure, ASND could get taken. But, really, do you think it's going DOWN because the talks are at $40? Don't think so. Every time you reference ASND you have to throw in buyout rumors. I don't think it makes much sense buying ANY company just because you think a buyout can occur. Look at the fundamentals. If you wouldn't buy the stock WITHOUT a possible buyout, just say NO.

regards,
greg
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext