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

To: jach who wrote (30838)1/17/1998 1:49:00 AM
From: uu  Respond to of 61433
 
>to be fair, how about a run down towards the 28 range pushing forward at the end
of the day to close around 28 1/2

Well, heck lets be a bit more fair and run down towards $25 and close down at around $27 1/2! Despite its fairness somehow I dont think the people who bought/traded over 8 million shares today between $29 7/8 and $30 1/2 will let this fairness to take place! But then you never know! I personally hope they are as cruel as they can be and push the stock toward $32 (or for that matter $100)!

Regards,

Addi Jamshidi



To: jach who wrote (30838)1/17/1998 11:06:00 AM
From: Tim Luke  Respond to of 61433
 
<to be fair, how about a run down towards the 28 range pushing foward at the end of the day to close around 28 1/2>

I can't see any reason at this time for asnd to go back down. I think it will start bouncing between 30-35 for awhile now.

You would be better off with a day trade then shorting IF that is what you are doing.


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