Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 202.96

-2.8%

Jan 9 9:30 AM EST

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To: Trey McAtee who wrote (14046)	9/23/1997 12:46:00 PM
From: Mr. Aloha	of 61433

Hello Trey, it's been a long time. I just sold ASND this morning for a few point's profit. I didn't want to hold with COMS (competitor) earnings after the close today. I'm afraid it might be weak. ASND has also rallied from $32.25 to the recent $38.50 in about 1 week so I'm satisfied. I think there is a possibility of ASND at $35, maybe $30 if COMS is bad or ANSD's earnings are what analysts fear, around the 13th of October or something? I'd love to get it in the high $20's or low $30 then if possible. I think it's a great trading stock because it's so explosive. I bought CYMI with the proceeds of the sale this morning as well. There's some confusion as to whether there's a problem with their equipment but both the CEO and a major customer say "No". Interesting, the three largest customers of CYMI own about 10% of the stock each I believe. I'm day trading that one for a few points (I hope). Keep an eye on QDEK if you want. I notice the volume pick up a few days ago and today it's starting to move. They make utility software and are trying to turn around from their fall of near $40 to the recent $2.5 and now $3.375 or so. I'd love to go with that one for a few points! :-) As for MU, I was thinking it would drop about $5 points today. It's getting there but I have NO IDEA what the rest of the day has in store. I can't imagine anyone buying right now and I'm surprised it hasn't tanked $7 points right off the bat?? Good job with the earnings. I would like to know what you like or are looking at right now??? Aloha

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