Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (18611)	10/22/1997 12:59:00 AM
From: sepku	Read Replies (1) \| Respond to of 61433

>>>You got to admit you seem to be getting a little nervous.<<< I insist, I am not. I wish you could see my posts over at AOL's board. I am extremely confident in my outlook for the stock, and am looking forward very much to sell 75% of my shares to lock in profits around 45 within the month of November...providing of course that I feel it will be hard-pressed to run higher, I may change the % I sell when the time comes. At avg. 34, I really have no reason to feel nervous unless you mean about me being wrong in my opinion. I don't think this will be the case, but IF that did happen I have no problem with admitting when I err. By the way -- ASND 50dma: 38.46 ...I still expect convergence to price within the month of October, followed by a positive breakout that will carry above 40...then I look towards upgrades and further contract/alliance announcments, providing momentum to 45 within Nov. I don't have much of an opinion on Dec and beyond since that's a little too far out for me to judge -- anything could happen by then that could change the entire landscape for ASND. Style Pts.