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

To: Gary Korn who wrote (27717)12/12/1997 1:28:00 AM
From: Larry J.  Respond to of 61433
 
"TAIWAN STOCKS END UP ON RENEWED CONFIDENCE" 12:20 AM EST

<Renewed confidence erased an early slide in Taiwan stock exchange on Friday, pushing local share prices to a higher close as investors shook off worries of South Korea's worsening financial turmoil, brokers said. Closing up 127.69 points / 1.54 percent at 8,398.27.>

Additional factors cited for the rally were Bargain-hunting and Planned Gas Price Hike was reported to be minor.

With the Nasdaq down 100 points (give or take) on the week, this thing is wound up like a rubber band. Look for the NASDAQ to have an explosive rally on Friday. Bargain-hunting will abound. I wouldn't be surprised to see the NASDAQ up 50 points interday.

And ASND well............... ??? We'll see $30 and possibly a lot more.

Larry



To: Gary Korn who wrote (27717)12/12/1997 4:41:00 AM
From: sepku  Read Replies (3) | Respond to of 61433
 
>>>CPQ has its extra shares now (as of 12/11)<<<

Gary, I heard that the authorization was granted, while the actual issuance of new shares occurs in late January. Would this affect your musings in any way?

Style Pts.


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