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


To: The Phoenix who wrote (42496)4/7/1998 11:08:00 AM
From: Peter Yang  Read Replies (2) | Respond to of 61433
 
According to Briefing...

>>Judging by yesterday's action, and today's activity thus far, getting the sense that investors will be initially inclined to sell on good news this earnings season, and to sell vigorously on bad news.<<

I hope this will not happen to ASND.



To: The Phoenix who wrote (42496)4/7/1998 12:03:00 PM
From: Tim Luke  Read Replies (1) | Respond to of 61433
 
Gary,

I don't think asnd will ever see the 20's again and I still think it will hit 60 by the end of the year. But it could be dead money for many months to come and that is what makes people sell. There are so many stocks out there making huge gains and we are just watching paint dry.