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


To: Teddy who wrote (48892)6/17/1998 5:09:00 PM
From: Gary Wisdom  Read Replies (3) | Respond to of 61433
 
Teddy, there are at least 100 trades. It's still trading. Mostly 1K to 5K, but there are bigger lots too. There's definitely something going on as MSFT and Dell haven't popped to the upside.



To: Teddy who wrote (48892)6/17/1998 7:31:00 PM
From: Andreas Helke  Read Replies (2) | Respond to of 61433
 
I am very tempted after doubling my money with Ascend in the first half to sell it and double the money again with some well placed biotech investments in the second half of the year. There are currently many cheap biotech companies available.

But since the biotech stocks are cheap but not reliable performers I will probably keep my overvalued Ascend stock and patiently wait for the resolution of the network merger mania.

Andreas