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


To: Tim Luke who wrote (24910)11/28/1997 3:03:00 PM
From: Pullin-GS  Read Replies (2) | Respond to of 61433
 
At $70 a pop (or whatever) to gain SI access, Cpt. X-Jerk is loosing more money from SI-boots than he will be from ASND!<G>

Covered my SEEK short (posted earlier, against-box) for a nice 5/16ths on 4K shares. I added to my long position going into the weekend at an even 11. SEEK has been good for a 5% morning gap going into Monday for the last month. Being that this was the Turkey-weekend, I could see 10%.

COMS had a nice day. ASND...well it's still stuck in the mud. Lost 1/16th trying to scalp SHVA. I got burned last time I tried that with SHVA. Went long SIII 6 3/8. Hope to be out next week at 7+. My trading capitol is About 50% cash, with 30% being in SEEK alone! Not a good judgement call.

Got the day off early today....I went to an off-site to configure some routers (Cisco of course<>G)...and when I got there they were closed for the holiday! Totally wasted 2 hours on the road.



To: Tim Luke who wrote (24910)11/28/1997 5:40:00 PM
From: HEXonX  Respond to of 61433
 
>>Yes, Xman is at his old tricks I for one don't believe any rumors when it comes to asnd. I'm just
waiting for 30 bucks so I can out and stay out.<<

Tim, you're pretty rough on ASND which I don't blame you but if it
hit's 30 I bet you won't "OUT" as fast as you want to now; that depends on the TA and the way the stock is moving of course :o).

As for X-man, you are giving X a bad name. How about getting more
serious and show us the money!!!

I for one like the big block buying and have a question. When someone
has a big block ready to implement, how do they get it all in one chunk? Does the MM start accumulating small blocks of 1000 for the
brokers client? I am interested in the SOP of the whole process.
SOP = Standard operating Procedure.

Thanks in advance,

HEX