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Technology Stocks : Ascend Communications (ASND)
ASND 196.81-4.9%Dec 9 3:59 PM EST
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To: gbh who wrote (48302)6/8/1998 8:44:00 PM
From: Darren   of 61433
 
How do people plan to play this $1-3 morning gift tomorrow? Obviously, a morning pop, likely followed by afternoon profit taking.

Not so sure about that. The funds are required to buy it, so there is often a lack of sellers and the stock just plain rises. This is basically a gift from the stock gods. Ride it. Three weeks ago, there was absolutely no chance of 60 -- today, it's definitely possible.

Don't you know someone is losing their shorts right now? Literally? And no, I don't think Cramer is that smart...
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