Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Augustus Gloop who wrote (42494)	4/7/1998 11:04:00 AM
From: Peter Yang	Respond to of 61433

>>We all need to chill!! Asnd can rise as fast as it falls. << You're right. What rises fast also drops fast and vice versa. Look LU, AMZN, and YHOO. If ASND drops to low 30s (and which looks like going to happen) I'll get back in.

To: Augustus Gloop who wrote (42494)	4/7/1998 11:06:00 AM
From: The Phoenix	Read Replies (2) \| Respond to of 61433

Boy the senitiment on this thread sure changes quickly. Listen folks, everyone here was saying 40....and 50 ... and even 60 soon. But, these assumption were built on a market that was status quo. Now, money is moving from tech's to financials because of the Travelers meger announce yesterday. I think most investors here realize that a move from this sector would affect ASND. We should also understand that ASND is smaller than CSCO and COMS and will therefore be a bit more volitile. So, everyone here needs to calm down...wait it out and ASND will come back. Remember the low-20's? Hey, we've got an 80% return on that already. This is a time to add...if it dips into the low-30's I'll be adding. And Thursday will be a telling day for ASND and the sector. If ASND posts strong earnings we'll see some money come back. And Cisco next month...so let's mellow a bit. If you're a trader...O.K. get excited, but if you're an investor you can't be worried about these daily/even weekly fluctuations. Gary (not Korn)

To: Augustus Gloop who wrote (42494)	4/7/1998 11:33:00 AM
From: blankmind	Respond to of 61433

i agree with you totally, and bought more at 36 1/2 this morning. unfortunately asnd has more people ready to dump so as not to lose past gains. we had this same problem when asnd went towards 31 and we are seeing it again, then poof, the stock rises and those left are happy again.

To: Augustus Gloop who wrote (42494)	4/7/1998 11:38:00 AM
From: Dennis R. Duke	Read Replies (2) \| Respond to of 61433

I call it the CNBC hype DOW 9000 effect. It hit really will everything in the market. I wish journalist would dry-up and blow away...well only sometimes. Dennis