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


To: Gary Korn who wrote (34638)2/12/1998 4:43:00 PM
From: Quaddad  Respond to of 61433
 
RE: Upgrade

This is how Briefing.com had posted it.

"Ascend Comms Soundview from St Hold to ST Buy"

But I had heard earlier it would be a near term buy.



To: Gary Korn who wrote (34638)2/12/1998 4:45:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 61433
 
I just figured out, It's the Feb 35 options that is capping us. :o)

Jan



To: Gary Korn who wrote (34638)2/12/1998 4:49:00 PM
From: Peter Yang  Read Replies (2) | Respond to of 61433
 
RE: ASND's action today:

Some people might have got the upgrade news before it hit the wire. That accounted for the runup. After the news was officially out and people found out that SoundView is still having a "hold" on ASND for long-term, they started selling! An analyst really can drive a stock up and down!

Short term "buy" and long term "hold": Does that mean if you're a trader buy it now and if you're an investor then hold?



To: Gary Korn who wrote (34638)2/12/1998 5:16:00 PM
From: FUZFO  Read Replies (1) | Respond to of 61433
 
Gary,
Whats with that 100k trade at 34.4 at 4:13 after market? It sticks out from the rest both in price and volume.
Fuzfo