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


To: username who wrote (42942)4/8/1998 6:21:00 PM
From: Jose A. Almodovar  Read Replies (2) | Respond to of 61433
 
Pete, do you own any stock in that "DEMARK" book? ha!ha!
I been in and out of ASND my long price avg. is $45. I recently got in on Tim's optimistic earnings forecast at $38.25. I'm just trying to see if your TA may suggest an exit point based on the current run up.

I do not think people will bash you if you are wrong. It is just your opinion based on your formulas and assumptions. If anyone could predict accurately they would not be wasting their time on this thread. That is why I don't understand all the bashing that goes on.

Any info. you can provide is appreciated and good luck in all your investments.



To: username who wrote (42942)4/8/1998 9:45:00 PM
From: Nazbuster  Read Replies (1) | Respond to of 61433
 
Pete, I also have April 40 calls and June 35 calls.

I still have 16 JAN99@30 and 3 JAN99@40 calls I bought when ASND was down and I was out of funds. I sold 400 shares at a loss to buy the leaps.

I'm very concerned about the crazy enthusiasm in the market right now and like having the extra time, but I keep wondering if I should move the dates further in to June. I'd hate to give up all my gain because of a general market meltdown taking ASND with it. I am still looking for ASND to go to 45-50 range.

What do you think?