Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: vegetarian who wrote (26248)	12/5/1997 11:18:00 AM
From: Dakota Sullivan	Respond to of 61433

"So far the volume is 16M..." Actually, remember NASDAQ (unlike NYSE) counts both in and out so actual volume is half that.

To: vegetarian who wrote (26248)	12/5/1997 11:20:00 AM
From: margin_man	Respond to of 61433

Yes, Agree. The shorts are standing on the sidelines and waiting for any opportunity to get their revenge. P.

To: vegetarian who wrote (26248)	12/5/1997 11:20:00 AM
From: Jeff Jordan	Respond to of 61433

Until we get a buyout news would be hard to maintain the price at this level based on just retail speculators so we may get some pull back in the next week if the news is not out by then. yeah, the hard part is any possible weekend action. But I don't think so. We can easily hit $35 by options expiration now. But I still believe LU may have a tentative deal. I want to roll my Jan25 to March 25....if given the opportunity today. 2 reasons: 1) I believe no announcement will be made till after Jan1(if LU is buyer) 2) Q4 earnings announcement.....to close to expiration date . I expect small run previous to that and nicer pop after. Jeff