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


To: Sriram S. Konkipudi who wrote (25554)12/4/1997 2:34:00 PM
From: Tim Luke  Read Replies (2) | Respond to of 61433
 
<better watch out shorts>

Better watch out new blood because asnd will see 23 tomorrow.

You all have been warned "I smell a short trap building"



To: Sriram S. Konkipudi who wrote (25554)12/4/1997 2:36:00 PM
From: Peter Yang  Read Replies (2) | Respond to of 61433
 
Mory must have said something in the conference. I hope this time he delivers what he has told those analysts and then we'll see ASND's old glory coming back again.



To: Sriram S. Konkipudi who wrote (25554)12/4/1997 2:53:00 PM
From: Bobo  Read Replies (2) | Respond to of 61433
 
I will say this again (just to make sure I am wrong). This runup is the result of Mory stating comfort with q4 estimates, the bottom has likely passes and other geographies are strong enough to make up for Asia Pacific. Remember it happened in July. Now the analysts and fund managers are saying, "Gee, this is actually a better situation than 3com...these guys could not by lying this time they already have on lawsuit on their hands...hey could I borrow that phone...no make that 100k share...I do not care if it's up 2 pts already...wow I am really gonna beat the indices this qtr."