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


To: Glenn D. Rudolph who wrote (38355)3/8/1998 10:18:00 AM
From: DHB  Read Replies (3) | Respond to of 61433
 
****OT****
Capt. Kirk is out there ---

Message 3623283
To: John Ritter (32 )
From: Captain James T. Kirk Friday, Mar 6 1998 12:13PM EST
Reply # of 73

This stock is a screaming buy at this price. TAs indicate a 4 point gap up in less than 4 days. I suspect the analysts will stick to their recommendations over the weekend and Barron's will push it upfurther on monday. The majority of the float has changed hands and Price history equates to losses motivating selling, not profit taking, which inturn defines a double, medium term bottom, and sets long term support. Once the weekenders spot this decline, it is 12 by monday !!



To: Glenn D. Rudolph who wrote (38355)3/8/1998 10:31:00 AM
From: Jack Colton  Read Replies (1) | Respond to of 61433
 
Glenn,

Thanks for the good educational posts. I will spend some time studying the area of options trading in more detail. I have a pretty good understanding of probability and prediction theory. I know that a lot of the ratios & calculations can indicate whether a stock meets a given investment criteria or not, but almost all of my decisions have been based on my working knowledge of a company, perception of the value of a stock's price and emotion.

It is posts like yours which will help me the most in understanding "the larger picture". I hope posts such as mine can add a some information from the working / product side of these companies.

Jack