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


To: Nick Kuritzky who wrote (46612)5/11/1998 6:07:00 PM
From: thebeach  Read Replies (1) | Respond to of 61433
 
To All you Shorts:

I certainly hope you covered today.ASND was quite strong comparatively
speaking and if anyone doubts this check the daily charts.I realize all were strong this AM but that was follow thru from last week.We will be at 50 some time this week.The funds are stepping up after the upgrades.



To: Nick Kuritzky who wrote (46612)5/11/1998 6:17:00 PM
From: Darren  Read Replies (4) | Respond to of 61433
 
. If anything, ASND, flexed its muscle today.

ASND got crushed today, 46 9/16 to 44 9/16. Read it and weep. We all know it and the sooner you get away from that denial, the sooner you can get the guts to buy more at 40...

CSCO 76 3/4-74 5/8. -1
BAY 25 5/16-24 1/4. -9/16
COMS 32 1/4-30 7/8. -15/16
FORE 23 9/16-22 5/16. -5/8

Hmm, I'm not real good with patterns, but I would call that a "consistent trend." And ASND's spread was higher than CSCO on a percentage basis. The faster they rise, the faster they fall.

And you are right, never base a stocks value on just one day. But I don't see 1,000's of posts in here today about how we are going to hit 50 on Tuesday like I did on Friday. Heck, most of the posts today were "I'm selling, NOW!" If you think Bill Gates is a bodybuilder, then you are right. This baby's flexing it's muscles...personally, I see liposuction.