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

To: Jeff Jordan who wrote (39891)3/18/1998 5:44:00 PM
From: Peter Yang  Read Replies (1) | Respond to of 61433
 
SFAM came out two cents below estimates and ROK warned. Is the tech sector going to get whacked tomorrow? My answer is NO. NSDAQ will be up tomorrow like today.

I wish ASND would be up too. I also believe if ASND warns it will get killed. ASND is not like INTC, BAY, CS, and the others that have warned. Only continuous positive news pouring out from ASND can keep ASND steady or make it move up. Any bad news or no news would whack it. BECAUSE it's not a Wall Street's favorite anymore.



To: Jeff Jordan who wrote (39891)3/18/1998 6:31:00 PM
From: blankmind  Read Replies (1) | Respond to of 61433
 
asnd is down about 15%, but with the current downward pressure (amazing how many shares), i am surprised how well asnd has held up. people in the know i bet are having a field day on a stock that currently is the gem in the blue light special of network stocks.


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