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

To: Bald Eagle who wrote (37067)3/2/1998 10:39:00 AM
From: FUZFO  Read Replies (2) | Respond to of 61433
 
I play rugby, so I have leather balls.
I'm an ME, and I work with lots of dumb iron.
It looks like someone wants asnd to go down as it just cant get off the low end today. Maybe the MM saw lots of sell stop losses in the 36, 36 1/2 range and want to pick them all off on the cheap?



To: Bald Eagle who wrote (37067)3/2/1998 10:43:00 AM
From: RUDAMON  Read Replies (1) | Respond to of 61433
 
Between COMS and ASND, who has the better near-term outlook (4 months out)? I own shares in both companies but I'm down in COMS. I bought COMS @ 46 and again @ 55. Currently, break-even with ASND. Thinking about selling my shares in COMS and buying ASND at current levels in hope to recapture my losses in COMS? I'm betting ASND will go up faster than COMS. Opinions welcomed.


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