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Technology Stocks : Ascend Communications (ASND)
ASND 209.76-1.2%2:55 PM EST

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To: pass pass who wrote (22018)11/8/1997 1:19:00 AM
From: Joe Pirate  Read Replies (2) of 61433
 
It's going to be a stormy sailing for the high techs in general
until, oh I would take a guess at the 1st or 2nd week of December.

It's that time of year for punishment, tax selling, etc...
By Jan, Feb, and March, the techs will be pushing to new highs..

Happens every year, all the time... The smoke will clear by then
and it will be smooth sailing...

ASND + CSCC = 1 billion dollar company, we are not talking about
a small 1 trick poney company here folks, we are talking about
a company with a large customer base...

Pricing pressures are healthy, you want to keep your current customers don't you ? Of course you do... Price cutting happens in every industry, especially technology... Nothing new here folks !!!!

Big money will flow back into ASND... shorts have to buy someday,
plus the same folks that are panic selling will be buying later on
when they realize that ASND is cheap... Just a matter of time...

pirate

Hope it drops to $20 for a couple days so I can back up the pirate ship and start loading up on more.. Just think of the downward potental vs. the upward potential.. I would think at $20, it may
have a 2 point downward movement, but a $20 - $30 upward movement..

Good ratio to bet on, isn't it ? No brain surgery here, no rocket science... ahahhahahahhahahahahhahahahha But I did use my skull and
cross bone calculator to figure that out, harrr harr harr.....

P.S. Be lucky to touch $20..... Like Bush sez.. Ain't gonna do it...,
but ya never know..
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