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Technology Stocks : Ascend Communications (ASND)
ASND 208.59+4.1%Dec 4 3:59 PM EST

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To: djane who wrote (51265)8/3/1998 2:39:00 AM
From: Bindusagar Reddy  Read Replies (1) of 61433
 
Look at BRiefing.com. these guys are clueless or can not think properly or they do n't listen.
This what they have to say

"Speaking on not being well received, how about the market's bearish
reaction to the growing speculation that Ascend (ASND) is about to
acquire Stratus (SRA)... Stock tumbled more than 7 points in active
trading... Clearly, market anticipated Ascend being the acquired and not
the acquiree... Truth be told, we are finding it difficult understanding
why ASND would want any part of SRA ourselves... For the highly risk
tolerant, could be a good trading opportunity given that the lack of a
deal will send ASND skyward in a relief rally."

THIS IS THE TYPE OF PEOPLE WHO RECOMMEND STOCKS, HAVE NO CLUE WHAT THEY ARE TALKING ABOUT.

THIS ALSO EXPLAINS WHY THE STOCK REACTED THE WAY IT DID ON FRIDAY.
At least it makes me feel good, after all there is a seller for every buyer.

Good luck all longs. Good night.
BR
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