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


To: peacelover who wrote (35665)2/21/1998 5:20:00 AM
From: Dr. Id  Read Replies (2) | Respond to of 61433
 

I am wondering if this happens to others. I put the proceeds into CPQ. If you don't mind and with
apology to this thread, do you think this was a good tread off?


It never fails. Sell a stock, it will rise. Buy it, it falls.
Don't think you can go wrong buying CPQ though. I think its one of the best plays in the market right now (and one of the few techs thats somewhat undervalued, given its potential).
But I guess if you bought CPQ on Friday, you were the reason the stock was down! :-)



To: peacelover who wrote (35665)2/21/1998 6:38:00 PM
From: pat mudge  Read Replies (1) | Respond to of 61433
 
I put the proceeds into CPQ. If you don't mind and with apology to this thread, do you think this was a good tread off?

No, not short or mid term. I can't say long term.

Of course, just my opinion.

Pat



To: peacelover who wrote (35665)2/21/1998 7:20:00 PM
From: FUZFO  Read Replies (1) | Respond to of 61433
 
peacelover, ***OT***

IMO CPQ is a good long term play, as for short to medium I cant say for sure of course, but I would guess that any announcement of cost cutting at DEC, layoffs, reorganization would give CPQ a pop. I dont follow it too closely but it seems to be trading rather weak since the DEC buy. I too almost bought last week when it went below 35. So , does CPQ see 40 before ASND? right now I am leaning towards asnd, but CPQ will definately see 40 this year IMO. I dont think your switch will be a disaster, its going to be a close call.
Regards,
Fuzfo



To: peacelover who wrote (35665)2/21/1998 9:56:00 PM
From: username  Read Replies (1) | Respond to of 61433
 
just don't short ASND and you should be OK...