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


To: Gary Wisdom who wrote (44498)4/15/1998 7:16:00 PM
From: Kirk Nikoloudis  Read Replies (1) | Respond to of 61433
 
Are you sure they have all dissapeared?

biz.yahoo.com

WASHINGTON, April 15 (Reuters) - German central bank President Hans
Tietmeyer expressed concern on Wednesday about soaring U.S. and European
stock markets, warning that potential sharp declines could have substantial
consequences.

Tietmeyer said authorities needed to understand what was driving the share
price gains and ''where the money is coming from.''

Central bank chiefs are often leery of sharp stock market gains because they
reduce their ability to control the economy through monetary policy.

Well now you know where the shorts are!

Kirk



To: Gary Wisdom who wrote (44498)4/15/1998 10:47:00 PM
From: Satyr  Read Replies (2) | Respond to of 61433
 
Glad to see your laughing as this may well be one of your finest hours. ASND still doesn't look like it has the ability to rally from here. I think it was caught up in the tech rally and as I posted earlier rallied in spite of itself. As a short term trader and a chartist my fundamental analysis leaves much to be desired so I would appreciate hearing from you why on the basis of their latest report you think ASND has rapid price growth potential in the immediate future. Remember that the stock had appreciated from 32 to 42 over the last month in anticipation of earnings. Do you really feel that .26 justifies further movement.