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


To: Chi-X who wrote (22380)11/10/1997 4:04:00 PM
From: Gail  Respond to of 61433
 
Chi-X, I believe that a lot of the selling lately is due to tax selling. I plan on doing the same thing myself to offset the gain on my CSCO. There is nothing worse than paying Uncle Sam! However, I have an order in to buy more at 21. Maybe I should lower that to 19.
What do you think?

Happy Investing,
Gail



To: Chi-X who wrote (22380)11/10/1997 6:37:00 PM
From: Tim Luke  Read Replies (1) | Respond to of 61433
 
Chi-

I know you think are waiting for the teens but don't hold your btreath. Its a matter of days before a MM comes in and buys the hell out of this stock with a buy rating to follow. This will happen for two reasons, first for the price value before the end of the year and second before they have new owners also before the end of the year.

These are my opinions only and my take on asnd, people are saying I keep changing my mind on the stock and that is false. I said months ago that asnd would not see 40 this year and I still feel that way. The only that has changed is the share price and for me I see big value.



To: Chi-X who wrote (22380)11/11/1997 12:54:00 AM
From: Douglas V. Fant  Respond to of 61433
 
Chi-X,

I believe that you are right. But I'll hold my long position here. As for potential shorts I admit to having a short position or two amongst the Internet stocks....But ASND's up/down pattern suggests that we are near a bottom here...

Sincerely,

Doug F.