Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 224.22

+1.0%

Feb 10 3:59 PM EST

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To: pass pass who wrote (6575)	7/14/1997 8:53:00 PM
From: J.C. Group	of 61433

<<If they really know something good that we don't, why don't they keep it a secret and buy all the shares that they can afford?>> pass pass - If you want to argue that route than you have to believe that their clients are already in the stock, lower than their target. As a result of putting asnd on their recommended list, the stock price gets driven up substantially and they sell out. . . this leaves the ordinary investor like you and me holding asnd at those new higher levels. This theory may be a stretch for some, even for me; but to be sure, I'm not playing the earnings roulette wheel. I'll profit on the pre release run up, cash in, and buy back cheaper. It probably wouldn't surprise me if others came out and upgraded or reitereated "buys" on asnd later this week. "Nobody ever went broke by taking a profit. . .!" Good luck to all! J.C. Group

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