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


To: khang long who wrote (42806)4/8/1998 12:05:00 PM
From: Augustus Gloop  Read Replies (1) | Respond to of 61433
 
That was quite a compliment eh Tim?



To: khang long who wrote (42806)4/8/1998 12:19:00 PM
From: Tim Luke  Respond to of 61433
 
kl,

I was only kidding about proclaiming myself the biggest idiot on si.

I think that for sure we will see the low 40's next week and I do expect a pullback. Although I doubt asnd will ever see the low 30's again I do expect to be in a very tight trading range of 37-44 for many months to come.

Even without a takeover I do expect to see 60 this year but between now and late summer it will be a slow mover. If you are looking to get out at 45 you might want to consider getting out on Monday and then jump back in after a pullback.

Just a thought!