SI
SI
discoversearch

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: thebeach who wrote (41085)3/25/1998 9:50:00 PM
From: Sowbug  Read Replies (4) | Respond to of 61433
 
Vague or not can anyone account for this sizable amount?

Just a guess... Was the volume way above average for many of the big-name high tech stocks today? MSFT's announcement certainly made for a busy day.

Check out the SI-Ascend correlation chart!

geocities.com



To: thebeach who wrote (41085)3/25/1998 9:56:00 PM
From: Sector Investor  Read Replies (2) | Respond to of 61433
 
<<The question still remains, ave. daily volume is a tad over 6mil
and all of a sudden we do 16 mil. Vague or not can anyone account for this sizable
amount?>>

Probably the return of momentum players - which is good news for the future. If so, volativity (and ASND posts) will increase accordingly.



To: thebeach who wrote (41085)3/25/1998 10:32:00 PM
From: username  Read Replies (3) | Respond to of 61433
 
OK, here is one scenario. Last night, a few big boys see that COMS numbers blow large chunks. They say, I gotta get out of this dog at about 9:29 a.m. tomorrow. Where is that hardware business going to go? Where did it go already? Who makes the best gear? How can I stay in this network/WAN deal and make a good hit? more CSCO? nah, P/E is pretty high, price is real high. Let's see...ASND...hum. Chart looks pretty good...numbers look good...forward statements look good, downside risk is about 15%...what's that?...

COMS is up this morning? Sell it all and buy ASND!