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: Dennis R. Duke who wrote (41319)3/27/1998 1:06:00 PM
From: Narotham Reddy  Respond to of 61433
 
Any guess on Monday's news ?

I was told by someone that ASND is due to release some news on Monday.
Again, I just presume that it may be related to their new product announcement.

Narotham



To: Dennis R. Duke who wrote (41319)3/27/1998 1:06:00 PM
From: username  Read Replies (1) | Respond to of 61433
 
re: earnings announcement; Kristina isn't in the office, but her message indicates they have changed the announcement BACK to the 9th. This is a bit annoying, but not in a bad way I don't think. I'll post a confirmation if I hear from Kristina personally, but I am assuming the 9th is the correct date.

P.S. My chart says 39 1/4 is a very good estimate.



To: Dennis R. Duke who wrote (41319)3/27/1998 1:24:00 PM
From: Edward J. Edwards, III  Read Replies (1) | Respond to of 61433
 
I see asnd testing 38 1/4 intra day high in the short term. While I enjoy these 1-2 dollar a day moves up, I am looking for a 3+ point move. I believe it will happen very quickly and wont require news.

Alger's comments, which I heard on cnbc, is a positive for those of us who 1 or 2 day trade. With the earnings less in doubt I see a high of 42 3/4, near term, before earnings. Interesting to note that if asnd does report on the 9th, we get a 3 day weekend for everyone to lament that they did not get in before earnings announcement. Then the following friday is options. I expect the next 3 weeks should be very profitable. I also hope we don't see 9000 till after earnings.

Ted