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

To: Jeff Jordan who wrote (48753)	6/15/1998 9:29:00 PM
From: thebeach	Read Replies (4) \| Respond to of 61433

I will buy dinner for everyone if ASND is not taken out by this weekend.This stock has confounded all in the midst of the strongest selloff in quite some time.This giveback has not attracted the buyers although right now the S and P futures are up 4 points .Asnd should fetch at least 60 bucks per.

To: Jeff Jordan who wrote (48753)	6/15/1998 9:58:00 PM
From: Darren	Respond to of 61433

*** OT *** Tell me more about your thoughts on ORCL! I'm high on ORCL; my problem is that they can't seem to get past 30 and that's not a lot of upside potential for my $25. With IFMX, SYBS getting hammered (anybody remember GPTA?) and a strong Asian presence by all three companies, I think this is an IRA stock. You'll make money by the time you are 59 1/2...as long as you are under 56. I believe the correction is 3/4 finished for the most part of course stocks like AMZN are still uneffected? I'm having a problem listening to what I'm typing since the DOW is only wow 8627. Insiders won't be happy until they see 8400. And then watch the bad news disappear...<poof>

To: Jeff Jordan who wrote (48753)	6/15/1998 11:45:00 PM
From: username	Read Replies (1) \| Respond to of 61433

Hi Jeff; lots of the TA people think the 200 day MA on the DOW is the "break point" and if you look at it over the last couple of months, you can see why. My chart (which is not MAs) says we could easily see another 300 points down, but the COMP has already gotten beaten up, so I think 8450 is close to the bottom. I guess what I am trying to say is that if we do get a further down move, I won't be shocked unless the DOW goes below the 8350 area. I think anything between those 2 numbers will flush out all the cash on Wall Street, because after all, this is still a bull market, and the money has to go somewhere, and technology is real cheap right now. Oracle just looks super cheap to me. It's hard for me to believe that it is a cheap as it is! Consensus is for .38, they have not warned, and they just announced a nifty deal with COMS. If they beat their number by 2 or 3 cents, I would think it would be a very attractive stock for the fund managers. I think the entire correction in the techs hinges on INTC, and I am really interested to see what JBL (the home run of last summer that I missed while holding INTC...) does tomorrow and I am interested in the CC and what they say about the next 3 months. I can't give you an opinion on SMOD or PAIR, I have not followed them for at least 3 months. I have been following CKEYF, which looks good to me, SSPIF, which looks good, and WCOM, which appears very strong fundamentally. I also like NVLS. Just about everything is really cheap right now, eh? I think I'll let the fund managers decide what is the strongest and go from there. If "they" decide to short squeeze ASND before Friday, I will not be unhappy. :o)