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


To: devil ray who wrote (42337)4/6/1998 12:41:00 PM
From: Satyr  Respond to of 61433
 
The stock is doing it's work right where it should. Unless the NASDAQ as a whole tanks further ASND should hold here.



To: devil ray who wrote (42337)4/6/1998 12:43:00 PM
From: username  Read Replies (2) | Respond to of 61433
 
COMP, LU, CSCO and COMS are down. Take Travelers and J.P Morgan off the INDU and it's down too. If ASND holds above the 36-37 area, I look for a move up.



To: devil ray who wrote (42337)4/6/1998 12:44:00 PM
From: thebeach  Read Replies (1) | Respond to of 61433
 
Nice try DR,I have seen people like you many times.You cannot fool us here.



To: devil ray who wrote (42337)4/6/1998 12:54:00 PM
From: gbh  Respond to of 61433
 
Devil ray, not sure which investors you're referring to that were expecting blockbuster earnings (except Tim; geez, first I defend him, now I have to knock him a little :)).

I think most institutional types are looking for .25-.26, and a "cautiously optimistic" cc. They want some level of predictability going forward. This is what they will get, IMO. Whether this is enough to drive the next surge ahead, we'll see.

Shorting right now seems a tad risky.



To: devil ray who wrote (42337)4/6/1998 12:56:00 PM
From: blankmind  Read Replies (1) | Respond to of 61433
 
3.5 million shares and down 1 1/2, with asnd reporting this week and having the quarter in the bag, i would doubt 35 will be hit this week. i do believe investors care about both the earnings and cc, and asnd should be able to deliver on this. i would not bet on the earnings or cc not being positive based on a day of trading with the naz down and some asnd holders cashing in to lock in profit on jitters.