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


To: Johnathan C. Doe who wrote (23232)11/13/1997 2:37:00 PM
From: sepku  Read Replies (1) | Respond to of 61433
 
>>>I think COMS as a trade is dead money,<<<

What? COMS is a fantastic trader now...all the elements that any true daytrader would love: volume, volatility, low spread, intraday range, and liquidity.

>>> ASND at $12<<<

ROFL!! Have fun waiting...forever.

Style Pts.



To: Johnathan C. Doe who wrote (23232)11/13/1997 3:00:00 PM
From: uu  Read Replies (2) | Respond to of 61433
 
Johnathan:

you state:
> I like BAY at $16, ASND at $12, COMS at $24, CSCO at $45.

Since you are a trader and dont really care about long term investing in techs, and since your timing of getting out the market was right on the target, and also since you believe strongly the melt down of techs will continue, then may I ask why are you not shorting these stocks. Lets see, if you short ASND at $23, and if you believe ASND will go to $12, then you have a 100% gain, and then you can buy it back at $12 and go long on it and sell it at $23. Now thats 200% gain round trip. And you can certainly do the same with CSCO, and COMS also not to mention with practically every single tech stock out there. So what are you waiting for? Every minute passed can be worth thousands of dollars!

Regards,

Addi Jamshidi



To: Johnathan C. Doe who wrote (23232)11/13/1997 3:12:00 PM
From: garrick le  Read Replies (1) | Respond to of 61433
 
If these stocks fall further to the levels you desire,these
companies would be buying back their shares with exception of CSCO.
CSCO compared to ASND and COMS should be priced at 40 if ASND is
at 24.Anyway,the level you mentioned is quite a stretch unless
the US economy collapsed.

Anyway,just MHO.

GL