SI
SI
discoversearch

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: Mike who wrote (26715)12/6/1997 6:32:00 PM
From: hpeace  Respond to of 61433
 
mike , don't buy stk on these rumors..
buy options



To: Mike who wrote (26715)12/7/1997 1:56:00 PM
From: WaveSeeker  Read Replies (2) | Respond to of 61433
 
Mike,

I could not agree with you more on this one. I went long in the afternoon at 28 5/8. Did you notice how often the reporters from various news services went out of their way to dispel the takeover rumors? When I went through the time of sales after the bell, I noticed that most of the large blocks were bought under $30. Lots of small sellers were scared out later in the day.

The bottom line is that ASND is in play, and I believe in fading the media.

- Mark