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


To: Tim Luke who wrote (54509)9/21/1998 10:43:00 AM
From: Mighty Mizzou  Read Replies (1) | Respond to of 61433
 
ASND Thread: Care to join me in a few bars of "Singin' in the Rain"? (Couldnt resist...) GO ASND!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



To: Tim Luke who wrote (54509)9/21/1998 10:49:00 AM
From: Bindusagar Reddy  Read Replies (1) | Respond to of 61433
 
Tim, don't kill yourself trying to predict why the stock is going up or down everyday. This time I think it is the SHORTS covering, which is inevitable or the buyers thought they would get a bargain monday in lieu of the Cinton's tape, but they are not finding any sellers. May be the fundamentals are improving as well. Just stop making nonsense predictions. Only way you will know the real cause is to ask every buyer and seller why they are buying. You know that is not possible.

Regards,
BR.



To: Tim Luke who wrote (54509)9/21/1998 11:03:00 AM
From: Taby  Read Replies (1) | Respond to of 61433
 
"If LU buys someone else we will see 30"
Now I really doubt your judgement about the market. If LU buys someone else, ASND will jump, that means it is imperative for another telco to buy ASND if LU and another data networking company merge. By the way, I think your comments about ASND is based on your position.



To: Tim Luke who wrote (54509)9/21/1998 11:11:00 AM
From: S. M. SAIFEE  Respond to of 61433
 
Tin,

Long term chart looks very bullish, bounced off 200 day MA on 9/2/98.
If it closes above 50, then could see some resistance @ 55