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: Gary Wisdom who wrote (40608)	3/23/1998 5:12:00 PM
From: Williams	Respond to of 61433

Hi Folks, Congrats to all of you that went long today on ASND. I was looking to go short, but with the oil news I tried to go long ARC. It took forever to open and I killed my order. I watched ASND for the rest of the day and thought about going short around 2:30, but couldn't pull the trigger. So I went long VST, as a play on CPQ. I love to day trade ASND, and I'll look for a quick pop up if it opens lower on Tuesday.

To: Gary Wisdom who wrote (40608)	3/23/1998 6:11:00 PM
From: RobZ	Read Replies (1) \| Respond to of 61433

Gary, the CS warning was issued a long time ago and the big money already factored this into the stock/sector. You are likely correct about the absence of after hours volume and the so called "ASND selloff" is really from a few "boutique" shareholders. Copied from CS thread: To: Peter Yang (3089 ) From: David Farnham Monday, Mar 2 1998 4:41PM EST Cabletron Systems (CS) 13 1/4 -2 1/4: computer networking concerns is projecting a sequential decline in revenues as it sees fiscal Q4 revenues of between $305 and $320 mln, 3.6% to 8% below Q3 level; company expects to take a Q4 charge for digital network closing..... Cheers, RobZ