Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: djane who wrote (50276)	7/22/1998 5:42:00 PM
From: gbh	Read Replies (2) \| Respond to of 61433

djane, I have lightened substantially (I sold 200 at 54 1/2 yesterday) and currently hold just 200. So I too am looking for a lower re-entry. I will buy on any dips below 48 in hopes of accumulating a 400-500 share position again. I think they will be hard pressed to move higher from here without some type of news. I also don't think LU will buy them. So I guess, short-term, I'm not too bullish right now. But I do think we should see $60-62 by year-end on their own merits, if earnings fall into place. I also sold some CSCO to raise some cash. But I was left holding 400 CA today, which hurt very badly. I'm waiting for a little recovery rally before I toss in the towel on this one. Not fun to watch a $4000 gain become a $4000 loss overnight. :( Gary