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


To: Jan Crawley who wrote (40361)3/20/1998 12:22:00 PM
From: Peter Yang  Respond to of 61433
 
>>Sorry; the 29 7/8 limit order is not a serious order AT ALL. I should not have mentioned it.<<

Jan,

The many year's experience in the market tells me ANYTHING IS POSSIBLE. I still remember when I bought ASND in 40s and when it dropped to around 36, a 52 week low then, I was thinking it was impossible to drop much further than a one year-low. Well, it dropped 14 points lower than that. On the other hand, no one believes ASND would go back to 70 or 80 by the year end, but it might well happen (if the market is going crazy).

Therefore I think you might just get ASND at 29 7/8 (it might not due to ASND itself. It might well happen when asnd got caught in a major market correction).



To: Jan Crawley who wrote (40361)3/20/1998 3:35:00 PM
From: Dennis R. Duke  Read Replies (2) | Respond to of 61433
 
NYSE and AMEX were in the WSJ today. I think NASDAQ releases a day or two later. I checked the website this morning and ASND was not updated for March yet.

Dennis



To: Jan Crawley who wrote (40361)3/20/1998 4:47:00 PM
From: Greg Jung  Read Replies (2) | Respond to of 61433
 
Jan I think 29 7/8 is possible - maybe likely, so you should figure if you'll want the stock after whatever news took it there!

I don't think a warning would be disastrous to asnd, nor coming in a bit shy without a warning, probably either way (unless there is a major hangout) it will be met with a relief recovery.

Greg