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


To: Darren who wrote (50509)7/28/1998 1:57:00 PM
From: djane  Respond to of 61433
 
I grabbed a little more at $50 for long-term hold. Pretty wild day.



To: Darren who wrote (50509)7/28/1998 2:14:00 PM
From: djane  Read Replies (4) | Respond to of 61433
 
*OT* my GSTRF (+2 now) made a nice reversal today. Anyone follow it?



To: Darren who wrote (50509)7/28/1998 4:11:00 PM
From: gbh  Read Replies (3) | Respond to of 61433
 
Bloody Nasdaq finish today. NAZ100 lost almost 20 points in the last 20-30 minutes. Very ugly. Bought more ASND today at 49 7/8. Hope it wasn't too soon. Wanted to wait for 48ish, but decided to stage my buys instead. I'm thinking the Nasdaq will test 1800 before this market selloff is over.

Was 25% cash. Now starting to deploy dwon to 0%. Might free up some extra too if I decide to bail on CA.

So I guess you will soon be 100% cash. Might not be a bad idea. I remember your call from months ago about "the big one" coming in October. I guess Barton Biggs has joined the Darren school of thought.

Gary