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

To: username who wrote (29238)1/3/1998 11:11:00 AM
From: Jeff Jordan  Read Replies (1) | Respond to of 61433
 
The scary part is look what happened to MCAF. The stock shot up prior to announcement. It announced the done deal a stock swap after the market closed on a Friday I believe. And that was it, the stock then dropped like a rock. I was burned pretty bad. So, if it happens that way look out.

My plan is to get out after run up and then watch what happens next.
Not knowing what will happen makes it very hard cement plans. That would be my plan in such a senario.

Your price projections seem doable in such a case. And I would definetly exit in that range if it ran to there w/o an announcement.

I'm not suggesting it will happen this way....its just a recent experience I don't want to repeat. I am just afraid of done deals...stock swaps...after hours

Jeff



To: username who wrote (29238)1/3/1998 10:38:00 PM
From: SMALL FRY  Read Replies (1) | Respond to of 61433
 
<<If you are in for a trade, you can decide what your target is and sell into the rally.>>

Thanks for the info.

And, I'm not just here for one quick pop. I'm here for the total roller coaster ride. I only want to do some quick trades on the side to supplement (or cushion) the gains (or losses). My style is to hang on with both hands, leaving one (or two) finger free to squeeze more juice. Go AMAT...I mean, ASND <ggg>.

Best,

SF


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