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


To: username who wrote (30971)1/18/1998 8:44:00 PM
From: Sector Investor  Read Replies (2) | Respond to of 61433
 
First, thank YOU for your excellent answer. I too think we will see a major correction in the market sometime this year, but the $64,000 question is When?

Re: ASND. The easiest money we will make in ASND will be from $23 to $35.00+ (which we may see this week). After that it gets tougher.
I agree that once we get into the $40s, we may see a lot more people jumping on for the "hard dollars". If ASND can put a run of quarters together (and I think they will) and barring a major bear market, we could see ASND make a new high next year.

<<Now a question for you, concerning netiquette: when I am off my machine for a day and get back on, I have some messages, let's say 5. Being an old f*rt and thinking that I should always answer my mail, I answer these messages. They all show up at the same time right in the middle of somebody else's conversation. Which could annoy me if I were them. Is it OK not to answer posts? How do you (you) decide which to
ignore, (if you do.)>>

I usually try to read thru the thread first to see if anyone else answered the question. I don't usually reply if all I'm saying is OK or thanks, without something else to add.

I don't reply to News Only and to posts that are "unfriendly" - I don't like to get into "pissing contests" (at least most of the time).

Don't worry about butting into someone else's conversation - there are usually several going on at any one time.



To: username who wrote (30971)1/19/1998 12:40:00 AM
From: Nazbuster  Respond to of 61433
 
Pete, you may be right with this:

I'm lookin' for real real cheap deals. With the market lookin' dicey, I'm thinkin' some of the big dough is playing a conservative game this year

I just received a year-end newsletter from Brandywine Fund which has done very well historically, but dropped from 27% return to 12% for the year just at year end. The report says they still fear some market problems related to Asia and currency markets and they are 67% cash! I'd say that was conservative.

On the other hand, Bob Brinker, who has been pretty much right on target for the last 3-4 years, says to be 100% invested and to hold onto your hat for the next couple of weeks during which he expects an upside rush. He also expects the market to hit new highs in the next couple of months based upon a very strong U.S. economy and the belief the the Asian issues will have a very small effect on it.

So much for industry agreement...



To: username who wrote (30971)1/19/1998 5:41:00 PM
From: gerard mangiardi  Respond to of 61433
 
Last week three average analysts upgraded. They didn't wait for the next two quarters. BTW analysts don't get paid to pick deals, investment bankers do. There is usually a chinese wall between investment bankers and analysts at reputable investment houses.