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


To: Finder who wrote (49767)7/14/1998 9:52:00 AM
From: Cliff Daniel  Respond to of 61433
 

Stock is tanking. Someone(s) is selling before earnings announcement.

Now down over 1, not exactly the reaction you would expect on the day earnings are to be announced, unless bad news has leaked.


Nah, probably a nervous nellie locking in some profits. Probably the same person who owned this in the 50's before it went down to the 20's.



To: Finder who wrote (49767)7/14/1998 10:16:00 AM
From: Dennis R. Duke  Respond to of 61433
 
There is a whisper internet cite that is posting ASND at .23 EPS for this quarter. If you believe that sell. I don't and I pointed it out to the company. This internet fraud stuff has got to stop.

I point to EVEREN's number and am guessing it is too high. I guess we are seeing a little shaking out before the earnings numbers. It could be people found out it is not .34, as Everen says, and we all know it isn't .23. My bet is .02 over at .30.

1:30 PDST is coming and I won't panic unless I see $46 and then I'll sell everything else and buy ASND.

------------

OT

It is my 25th Anniversary today, and ASND won't rain on my parade! That is my prediction.

I am going to the garage to breath life back into the Cobra this week. So my posting level may decline. The following week I begin a 60 to 90 day consulting assignment away from home four days a week. So if I appear absent it will be because I am busy, not uninvested.

Have margin, will invest,
Dennis

P.S. Of course I will be listening to the CC this afternoon.