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


To: Tim Luke who wrote (42310)4/6/1998 11:24:00 AM
From: Gianluca Bacchiocchi  Read Replies (1) | Respond to of 61433
 
One of the reasons, other than the NASDAQ being down, for this price decline today, may be that MMs are trying to squeeze out the nervous investor so that they can get more shares at a better price before earnings. Of course, this is in line with the bullish sentiment that SI posters have the reputation of having.

GB



To: Tim Luke who wrote (42310)4/6/1998 11:25:00 AM
From: Satyr  Read Replies (1) | Respond to of 61433
 
Tim,
Considering all the tech companies that have failed to meet earnings numbers are you worried at all that ASND might join them? I know that today the tech sector as a whole is dragging it down but the downgrade the other day has me wondering.



To: Tim Luke who wrote (42310)4/6/1998 11:26:00 AM
From: Dennis R. Duke  Read Replies (1) | Respond to of 61433
 
O.K., what does this mean:

207.53.33.62

Is this the "we don't know fundamentals" crowd selling on ASND market type information? What is the recommended play on this information, and what is the index at the far right in which Intel is a "3" and ASND is a "1"?

Thanks, Dennis

P.S. Picked up on Yahoo.



To: Tim Luke who wrote (42310)4/6/1998 11:38:00 AM
From: blankmind  Read Replies (1) | Respond to of 61433
 
with the current asnd price and p/e, i would not purchase until we see a breakout past 40 or a pullback towards 35. it is probably more prudent to wait until after the weekend to purchase any more when one can digest the cc and earnings.