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


To: sepku who wrote (26242)12/5/1997 11:01:00 AM
From: David L.  Respond to of 61433
 
>>>This stock could get pulled down 3 points before the opening tomorrow and it>>

This guy Tim is great contrian indicator. Can he start giving regular forecasts.



To: sepku who wrote (26242)12/5/1997 11:15:00 AM
From: Tim Luke  Read Replies (4) | Respond to of 61433
 
Style I used to value your posts but I'm starting to wonder what is your problem with me.



To: sepku who wrote (26242)12/5/1997 6:54:00 PM
From: sepku  Read Replies (2) | Respond to of 61433
 
More from the Chronicles:

These from: Message 2872069

>>>ASND will be sitting in the range of 20-26 for the next 3 months. DEAD MONEY!!!!<<<

I can't believe you would make such a presumptious comment, Tim. Three months? Maybe if you said 3 days, you would have had a 50/50 chance at being correct.

>>> I have done over 100 trades on asnd this year but as soon as it fell below 30 the range has dried up.<<<

Both you and Jeffrey claimed ASND was a bust trading stock, since it no longer had a decent range. One of you also commented that the days of 5 point intraday price swings were over. I believe you could trade ASND even on a slow day, if you would simply ante up your position size, but regardless, let's work with *your* preferences. In the last two trading sessions, ASND traded between 22.69 and 32.25, a 9.56 trading range. Even a tiny 105 shares could have netted $1000.

This from: Message 2878519

>>>Friday's close 24 1/4<<<

Today's actual close: 28 15/16.

And these from: Message 2866829

>>>My advise "only" to you is if you can get 30 i would sell, because it won't be able to hold that price. <<<

Hmm...maybe you finally had a post of predictions/advice that appears to be accurate in its content?

>>>ASND will trade below 30 for many months to come.<<<

Then again...maybe not.

>>>This is by far one of the worse tech stocks to own short or long term.<<<

The long-term has yet to be seen, and depends on what constitutes "long-term" for the investor in question. But a 9.56 points range, or 42% in two trading sessions seems like a damn good short-term investment to me!

Style Pts.