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


To: Darren who wrote (50019)7/15/1998 3:36:00 AM
From: Drake  Read Replies (1) | Respond to of 61433
 
In this case, the rumored news was out before the actual news and people sold on the rumored news, and now they will buy back in on the actual news.

Moral -- rumored news is "bad" news and actual news is "good" news, if you know what I mean. (Read this again, carefully, to really understand what I said.)



To: Darren who wrote (50019)7/15/1998 7:33:00 AM
From: gbh  Read Replies (3) | Respond to of 61433
 
Darren, well, good luck shorting ASND today. A better play may be shorting AFCI. I'd think much of that takeover premium they got yesterday, will get whacked today.

Gary