SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.67+0.6%1:46 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: IBthinkin who wrote (15064)7/14/1998 10:39:00 PM
From: Scott Rafe  Read Replies (3) of 77400
 
C'mon IBthink... The only reason a dead horse like ASND drove up so many points in such a short time after such a stupendous fall... is the belief among many that LU is drooling over the prospect of snapping them up in October.

Dropping to 1/4 of 52wk high then regaining 2x off the low in a matter of months you've got to admit is just plain unusual.

A stock doesn't get shot dead like they did last year and then suddenly make a miraculous recovery unless some big-time fundamentals have changed. Can anyone name that change?

Nothing about ASND mgt has changed. Ol' Morey is still the same guy- for better or worse. So then what is it? Perhaps many are still thinking LU.

Though with what LU has been buying lately... maybe that won't happen either.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext