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


To: Jeff Jordan who wrote (55246)10/5/1998 12:15:00 PM
From: Nazbuster  Read Replies (1) | Respond to of 61433
 
RT 35 15/16 x 36 OUCH!!! Just dove straight down... I almost bought at 36 9/16 and hit cancel just in time.

P.S. Is this the final morning shakeout?



To: Jeff Jordan who wrote (55246)10/5/1998 12:36:00 PM
From: Sure Thing  Read Replies (1) | Respond to of 61433
 
Jeff,

You may be buying lower than 33 tomorrow. If the DOW heads below 7400, then the NASDAQ should drop to 1400, LU will be below 50 and ASND will be near 30.

This Market sucks,
- Sure Thing -



To: Jeff Jordan who wrote (55246)10/5/1998 2:06:00 PM
From: Mighty Mizzou  Respond to of 61433
 
I wish I could give you a guideline in a market with no guidelines. I can tell you your buys today will pan out before or shortly after earnings. I think we have seen a bottom for today but tomorrow, who knows??? On Friday I would have said 33 no way but after todays extra stupid selling who knows. I have been on the sidelines today, I chickened out when CSCO tanked. CSCO is the reason Im really skittish about networking in the very near term. Networking is getting bashed in the media so why fight mass stupidity? My views on ASND have not changed in the least and I am going into margin in the days just before earnings. GO ASND!!!