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


To: username who wrote (48168)6/5/1998 9:05:00 PM
From: Jeff Jordan  Read Replies (1) | Respond to of 61433
 
I believe the market is making a "sucker rally". We'll
see if I'm right.

pete


I think we are still seeing strength in the underlying economy and market. Putting PE ratios aside America and its businesses are leading the world. So maybe it's not a "Suckers" rally?

Jeff



To: username who wrote (48168)6/5/1998 10:02:00 PM
From: Sure Thing  Read Replies (2) | Respond to of 61433
 
Pete,

I am glad to see you had the fortitude to hold ASND at 23 in
December to 47 1/2 in June. Great investment! I sold part of my
long term holdings at 48 two weeks ago, then bought it back at 43
last week. Sold some of those shares today, feels great. However,
I must disagree with your "sucker rally" statement. What does your
TA tell you about ASND taking out 48 next week, I'd say chances
are excellent, look at the chart dude!

Pete, I will sell some ASND above 48 next week!

- Sure Thing -

PS Pete, where have you been? I have missed your TA analysis.



To: username who wrote (48168)6/5/1998 10:04:00 PM
From: Pat Hughes  Read Replies (2) | Respond to of 61433
 
Hey Pete,
Why sell with so much happening with the networkers and ASND in particular. Why try and time this one?
Pat



To: username who wrote (48168)6/5/1998 11:11:00 PM
From: The Phoenix  Read Replies (1) | Respond to of 61433
 
Hey Pete!!! Nice to see you're alive. Still got a long way to go to get that 10 spot. 51's not gonna getcha there. ;)

Have a great weekend.

OG <----Still use it here even though Gary Korn has never returned.

Let us bow our heads...



To: username who wrote (48168)6/6/1998 12:40:00 AM
From: Gary Wisdom  Read Replies (3) | Respond to of 61433
 
Re: << I believe the market is making a "sucker rally">>

A "sucker rally"?

How about a "sucker correction" where only suckers coughed up their shares the past six weeks?

In reality, isn't that what these "corrections" are all about.

There's been no volume the past 23 sessions because not only was nobody buying, but no one was selling.

Of course, a few more were selling than buying as the market "corrected".



To: username who wrote (48168)6/6/1998 1:36:00 AM
From: Ed K  Read Replies (2) | Respond to of 61433
 
Pete:

Now that you sold, what are your children going to do? Wasn't it you that said that you missed out on cheap INTC and were planning to will ASND to your kids?

Ed K