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

To: Tim Luke who wrote (53104)8/28/1998 4:20:00 PM
From: Mark Duper  Respond to of 61433
 
Tim,

I was just looking at the network stocks. I've concluded that if BAY is worth $30, there is no way in hell you'll see ASND at $34.

Sorry to cut you off, but I've got some drinkin to do with the boys.

Have a good weekend guys.

Sup.

P.S. Congratulations on your bet. Looks like Mizzou owes you some change.



To: Tim Luke who wrote (53104)8/28/1998 4:38:00 PM
From: Sure Thing  Read Replies (2) | Respond to of 61433
 
Tim, I can read a chart too! First support level was 41/42, we broke it. Now, the next chart support level is 33/34, your new target. And, yes it's seems ASND is tracking LU at ASND/LU = .5 valuation. And, yes LU's next chart support level is 70. Therefore 70/2 = 35, ASND's new price.

However, if the Ascend's share holders are stupid enough to sell their shares next week at 35 I will be buying them!!!

- Sure Thing -


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