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


To: Darren who wrote (46415)5/9/1998 2:08:00 PM
From: Sector Investor  Respond to of 61433
 
I can see trading those stocks - or shorting them at the right time, but IMO one would have to be a fool to INVEST in them.

Anyway, what does this have to do with ASND's analyst reports? They have been NEGATIVE on ASND, and are just now jumping aboard. They will push the stock up another 10-15 points. When I jumped in with both hands and feet in December - this thread and all analysts were extremely bearish. As Style Points said (where is he anyway?) when ML turns bullish publically (they are a long way off yet) then it is getting close to the time to exit. I plan on exiting in the low $70s sometime in 1999 myself.