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: Tim Luke who wrote (53176)	8/30/1998 2:30:00 PM
From: jach	Read Replies (1) \| Respond to of 61433

<this is one of the best stocks to day trade and that alone will drag the stock down. we are also in for another nasty week just like the one we just went through so get ready.> best stock to day trade and that alone will drop the stock... totally irrelevant and unrelated another nasty week, no one knows; but logical minds that still have some minute remanants of common thinking will probably say that mkt will be up about 100 to 200 pts early next week because of the oversold condition of around 500 pts; imo, asnd at 38-40$ range is really an attractive buy

To: Tim Luke who wrote (53176)	8/30/1998 2:37:00 PM
From: jach	Read Replies (1) \| Respond to of 61433

ASND will be up about 5 points next week and imo, mkt is oversold

To: Tim Luke who wrote (53176)	8/30/1998 9:15:00 PM
From: James A. Venooker	Read Replies (1) \| Respond to of 61433

Dear Tim, Does this mean we have a wager or not, one 1/4 bushel juicy Florida oranges, against a case of your finest beer. For you to win, stock must close Friday below 34 (you had said "between 33-35") For me to win, stock must close Friday above 45 (and that is being generous), if the stock stays at 40 and the market continues to head south, it would show enormous strength in ASND. I believe rumors, overselling, and great price will keep this stock here at 40 or better. What do you say?