Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 206.29

+3.2%

Nov 13 3:59 PM EST

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To: Jan Crawley who wrote (31721)	1/22/1998 2:36:00 PM
From: Jeff Jordan	Read Replies (2) of 61433

Moved my down to $26 GTC. Tim says asnd up $1 tomorrow? maybe? But where will it close? Also just sold ORCL for a S-T profit. Had planned to hold long term. I think I understand why so many people are taking their s-t profit from ASND. I remember that you also purchased ORCL back several days ago ? Yes, ORCL looks alittle choppy, I sold @20.25 the other day got into QCOM.Any other time in the market I would hold all these and other positions. I'm watching RMBS closely coming into my buy range...still expecting it to hit new low? 44-38? earnings expected to be flat next 2 qtrs, very negative effect I think. I think the excitement is over for a week or so in ASND...now dealing w/ market woes...my core position was too big to stay put for now. Speed; will we be lucky enough to get back in @ 53? I'm gonna start buying@ 53.5.....chart now back tracking JJ

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