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Technology Stocks : Ascend Communications (ASND)
ASND 212.33+1.1%Nov 28 9:30 AM EST
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To: sea_biscuit who wrote (20311)10/31/1997 9:36:00 PM
From: Jeff Jordan  Read Replies (2) of 61433
 
take your pick. I would take the lowest. That is, ASND will be attractive to
me only if it trades at (or below) 17.4 </i

Only if it hits $17.4 .... What planet do you come from?

My prediction is: You will never own 1 share of ASND!

Jeff

<i?From: P&F-Madness
Friday, Oct 31 1997 9:40PM EST
Reply #20313 of 20313

Using a vertical count I came up with a price of 18. This may not be the absolute
bottom but a good indication where the stock may be headed. If the stock bounces
from here (27) to 31 and holds, I would be a little more optimistic but as for now, I'm
bearish. Don't jump on the stock just because it hits 17.4 or below. Wait to make sure
the stock is performing against the market and is giving buy signals. It is very hard to
predict the absolute bottom or top. Best to enter a stock when you know it has half a
chance. Best of luck to you.


Two of a kind? That doesn't beat a Flush.....

To: Dipy (20311 )
From: Edward J. Lisay, Jr.
Friday, Oct 31 1997 9:44PM EST
Reply #20314 of 20314


Dipy, you all 100% correct! There is no reason why ASND will not trade below $18
for one full day before the end of the year.

Mory repeated the same mistake as Dan Smith.
'nuff said


WHAT BROUGHT OUT THESE BEARS?
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