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

To: garrick le who wrote (52941)8/27/1998 1:34:00 PM
From: Sonny  Read Replies (1) | Respond to of 61433
 
2 Observations:

- just observed that the floor-traders have suddenly raised the ask-price for SRA (Stratus) Sept and Oct calls ... the spread has increased ... being linked to ASND, should be considered +ve imho.

- After almost 2-3 weeks, today is the first day when ASND's intra-day chart showed a surprisingly better lunch and afternoon Relative Strength than CSCO.

I'm long both CSCO and ASND, but would favor ASND, at this price-point, as having a better potential to go up substantially in the short term, if sentiment improves.

regards to all,
-/Sonny.



To: garrick le who wrote (52941)8/27/1998 1:34:00 PM
From: Pat Hughes  Read Replies (1) | Respond to of 61433
 
Hello All
Just had to check in on a day like today.
A much needed shakeout.
Russia problems not new. It is like a 4th world country over there.
Had to stop by the local brokerage office and feed the margin monster. By the time I got there I had to write a second check!
I will not be shaken off this tree that will be in full bloom shortly.
Good Luck to all.
Pat Hughes


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