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Technology Stocks : Ascend Communications (ASND)
ASND 207.68-0.7%10:26 AM EST

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To: Glenn D. Rudolph who wrote (42022)4/3/1998 6:23:00 PM
From: Jeffery E. Forrest  Read Replies (3) of 61433
 
I still think we can see the gap at 35 filled. ASND looking VERY toppy right now and I would expect it too take a breather. Of course with earnings right around the corner, it could throw the best laid plans of mice n men all to hell.<G>

I have no regrets for selling at 37+ though. While it has been slo.o.o..ly grinding out another pt. and a half, I put my profits to work in far more lucrative arena's. (got a double in two days with ETEL and grabbed 12pts from BLDPF in an hour this afternoon.<G>. Scalped some good short $$ outta VIAS and ETEL too.)

Good luck with ASND if you're still holding. The risk vs reward is too great at this point IMO.
I've given up on earnings plays. Hell, they come in with sh*t earnings an the damn thing goes up 5 pts., come in with GREAT earnings and it tanks. I give up.<G>

WHEN ;-) ASND fills the gap at 35 though, you can bet I'll jump all over it with heavy ammo.
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