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


To: sepku who wrote (36695)2/27/1998 2:34:00 PM
From: Dennis R. Duke  Read Replies (1) | Respond to of 61433
 
Looks like the traders are pulling their plugs for the weekend. Turning down here as the cash comes out. Darn, wanted to close at 37 15/16th or better. But then again who needs to see black ink anyway?

I think I'll go for a jog, maybe there be a late day buying rally.

It will come with time, Dennis

P.S. I find it interesting that CNBC mentions everyone but ASND when talking about this sector's upgrades over the last two days.



To: sepku who wrote (36695)2/27/1998 3:25:00 PM
From: pat mudge  Read Replies (2) | Respond to of 61433
 
Both of my largest holdings, ASND and CYMI, have been doing remarkably well over the past month.

Since we agree on these two, I'm wondering if you have an opinion on AMCC and GALTF. I saw both at the BARS conference and put them at the top of my watch list.

Thanks in advance.

Pat



To: sepku who wrote (36695)2/27/1998 5:38:00 PM
From: Glenn D. Rudolph  Respond to of 61433
 
As for your views on ASND breaking the 200dma, you're even more bullish than I. I
was expecting 40 by March expiration, and 45 going into mid-April. However, you're
right...with technical (psychological) reinforcement behind the improving fundamentals,
and increasing awareness going forward that ASND will probably beat Q1 expectations,
this stock could easily be trading at mid-40 before April.


Intersting thought. My perception has changed too. I was anticipating 40 by March expiration but that may happen sooner.

Glenn



To: sepku who wrote (36695)2/27/1998 8:19:00 PM
From: michael modeme  Read Replies (1) | Respond to of 61433
 
Some nice picks Style. My two top holdings are ASND and CYMI also. Together they comprise 54% of my portfolio! NETA is my other large holding. Every week I screen around a hundred stocks, and I evaluate them against ASND, CYMI, and NETA -- I have yet to find a stock that I think will do better over the next 5 years. For earnings growth ASND, CYMI, and NETA have CSCO, INTC, and MSFT beat by a long-shot! And when they take a dip like the past few months, I'm just going to accumulate and buy long-term calls, like last time. Now you and I are rolling in the dough!