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

To: PHIL K. who wrote (21060)11/4/1997 3:14:00 PM
From: Finder  Read Replies (3) | Respond to of 61433
 
Tim Luke-

I'm here and about as stable as ever. I think Mory has ruined this company in the space of a few short months. 54-25 non stop. Just last week we were holding at 35, now down anohter 30%.

PS MY brokerage just raised nmy margin requirement for Ascend to 45%, they clearly think it is going down the tubes.



To: PHIL K. who wrote (21060)11/4/1997 3:46:00 PM
From: mugicha  Respond to of 61433
 
I have been waiting for ASND to break 25. Said so last week when it was around 29. I bought at 24 3/4. We may not have seen the absolute bottom yet but I feel we are close enough to get in. I will be buying on weakness. Momentum players took this one up beyond the point of reason and now they are all panicking on the way out. I like to play on the opposite side of the field from these guys as often as possible.

Brian


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