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Technology Stocks : Ascend Communications (ASND)
ASND 207.04+0.7%Dec 8 3:59 PM EST

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To: Tim Luke who wrote (52186)8/16/1998 4:38:00 AM
From: bucky89  Read Replies (2) of 61433
 
<ready to purchase at sub 44 if it happens>

it will this week


Tim,

I disagree with you. Unless the entire market tanks and we have another fateful 5% market correction, I see no reason for ASND to go lower than it is now. There are plenty of informed buyers out there who know ASND is about to blow away the estimates this quarter. They, like many on this thread, are looking for the best time to buy ASND. And I think you are one of them.

And even if there is a market correction, why do you think ASND will go down with the market? There have been recent days when ASND went up 3-4% while the Nasdaq tanked 50-60 pts.

You are welcome to make whatever statements you want to make, but I really do believe that you are just interested in buying back into ASND. You're looking for the best entry point. You might be trying to influence the price movements with your comments. For you, the lower ASND goes the better your entry point. I believe that 2-3 weeks from now, you'll be extremely bullish on ASND--after you've bought in. It's like clockwork. You have switched positions long/short ASND for so many times now, I can almost predict when you will switch. Not that there's anything wrong with that--it's your business as a short-term trader. But I find it amusing, and we shall see if I'm right.

These are just some thoughts I had which I felt like letting out, and I do not mean any disrespect toward you. This is a public forum, available for anybody to use it however they want, for whatever purposes they want. So reader beware.

bucky89
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