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


To: gbh who wrote (50324)7/23/1998 9:02:00 PM
From: Darren  Respond to of 61433
 
***** OT *****

Still in, but yes, I have had doubts. I still believe we haven't seen the top, but I'm only giving it until August 18. Then I'm out, out, out, and I don't care if I miss the longest run-up in history.

INTC: Waiting to see if 85 is going to be the resistance or the new support. Despite the recent bloodbath, INTC is hanging in there.

Chip stocks in general have suffered a little pullback, but I don't think they are even near 50% of fair value yet, so I'm holding. At 50%, I may bail...XLNX, ALTR, LSCC are the three biggies...

ASND: Looks pricey, but M&A is always the possibility, I guess.

I'm going to stick it out a while longer. Japan elects a prez tonight. Market could be very happy tomorrow, or just continue whining...