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


To: Finder who wrote (19901)10/30/1997 1:34:00 PM
From: Bald Eagle  Read Replies (1) | Respond to of 61433
 
Well, not me, but I don't care for about six months. No way am I selling at these ridiculously low prices. I'd be a buyer if I wasn't stupid enough to be fully invested already. I bought Ascend recently as a recommendation from someone I respect a lot. I guess he was looking long term. At least, I hope so.



To: Finder who wrote (19901)10/30/1997 2:27:00 PM
From: vegetarian  Respond to of 61433
 
>>Does anyone here think that we have a realistic chance to break above 28 today??<<

Upside or downside breakout? :-), some of the selling may be taking a tax loss as the month comes to an end. By the way the bottom is not reached in just one day and starts moving up the next day.
The price will have to linger there for some time for the bottom to be perceived in case of ASND in which investros do not hold a lot of confidence.