Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Peter Yang who wrote (39896)	3/18/1998 5:57:00 PM
From: Jan Crawley	Read Replies (2) \| Respond to of 61433

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. Peter, Asnd was $24 on Jan 2 this year. I think we went up to 38 too fast due to probably some intense short-covering....after the Capital Investors group's 6.8% accumulations came to light. I think that Blank is right regarding to the "Shorts attack". Supposedly they think that this is a safe period (uncertainty caused by earning concerns) for manipulations. I do not know Asnd's perceived value at this point. But based on its current F/As, future outlooks, Asnd is still a good investment opportunity for this year. Jan