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


To: djane who wrote (54317)9/17/1998 4:00:00 PM
From: Tim Luke  Read Replies (2) | Respond to of 61433
 
djane,

do i hear a little caution in your voice?

i hate to say it but something isn't right here and if i was one to short stocks this would be a dream



To: djane who wrote (54317)9/17/1998 4:09:00 PM
From: Diamond Jim  Respond to of 61433
 
Yes, I sold my SPY last Friday at 101.5, worked against me but I feel the same way you do.

jim



To: djane who wrote (54317)9/17/1998 4:13:00 PM
From: ricky  Respond to of 61433
 
I sold my last 500 shares of ASND at 48 3/8. I just could not resist
selling at that price. I also sold my CS and RNWK today for some
nice profits. My semi stocks are getting hammered.

Good Luck to all

Ricky



To: djane who wrote (54317)9/17/1998 6:20:00 PM
From: Dragon 1  Respond to of 61433
 
Yes, djane. I am holding my shorts (no pun intended) into next week at least and may add more in case ASND pops up more. Looking at the irratic price movement and shifting rumors around this stock, I am betting on the short side. It ran up a lot recently, and according to the contrary of what most people are touting that LU acquisition, I think the chip is falling and once it falls it falls hard.