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


To: Darwin Tu who wrote (42986)4/8/1998 9:24:00 PM
From: devil ray  Respond to of 61433
 
Do you think that the huge block trades going into asnd are just guessing they will announce good #'s.There obviously has been a leak of a turnaround for asnd.If you look at the ticks it looks like the little guys are the ones selling on strength.The big boys want in and I'm willing to bet with them.The little guys will probably jump on the bandwagon sooner or later but they may miss a couple points.When asnd gets moving it can be like a steamroller except faster.Ride the momentum.Hell we just broke resistance at 40 after shaking out the weak ones mon.@tues.I'm taking a ride on this one!Sure there may be a slight selloff mon.But with a great c.c it may gap up significantly also.Again I say upper 40's next wk!



To: Darwin Tu who wrote (42986)4/8/1998 9:38:00 PM
From: thebeach  Read Replies (1) | Respond to of 61433
 
Come on people,how long have you been watching these markets,Nasdaq has a major setback for a couple days and ASND is up strongly and you all ask yourselves,WHY? This one is heading to the moon and if you cannot see that you are all blind.Just think about it for more than a minute,CSCO, Bay,LU,are all trading lower and ASND is not just steady but powerfully ascending.The only other scenario is short covering and even that could be offset by option purchases.IMHO ASND has got the attention of some really huge ,deep pocketed players.