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


To: username who wrote (41102)3/25/1998 11:17:00 PM
From: Peppe  Respond to of 61433
 
Interesting theory, except that CSCO has risen to its all time high, up over $ 4 / share, adding $ 4 Billion in market cap in the last 2 days.

But hey, ASND is doing OK too ;)

Peppe



To: username who wrote (41102)3/26/1998 12:50:00 AM
From: khang long  Read Replies (1) | Respond to of 61433
 
Pete,

I am interested in learning the tools you used to analyze when to buy your stock. Can you educated me. I am new at this and looking to learn more.

Thanks,
khang



To: username who wrote (41102)3/26/1998 1:23:00 AM
From: Peter Yang  Read Replies (2) | Respond to of 61433
 
I sometimes get puzzled when people are saying a stock is so great and everyone is buying it. If everyone is buying and nobody's selling, where did those buyers get their shares from? For example, the volume today for ASND is huge, the buying interest apparently was huge, but so was the selling interest. Otherwise, if nobody's selling with some many people buying, ASND could be well over $200 today. It also makes me wonder if those sellers are just so stupid that they sold a stock which we believe would definitely be 40 in a few days.

Sorry, not trying to rain on the parade. Just some random thoughts, because these thoughts often pop up whenever I saw people selling my favorite stocks.