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


To: Mighty Mizzou who wrote (56726)11/4/1998 12:19:00 PM
From: The Phoenix  Read Replies (1) | Respond to of 61433
 
Might Man,

Yeah, you're call could be right. NASDQ up nearly 500 points in a little over 3 weeks. I see profit taking by the fund managers before end of year. CSCO always up before earnings and off afterwards (buy on the rumor sell on the news). I'm still bullish but see a buying opportunity ahead and want some cash on the sidelines to do it with.

Tax consequences of selling ASND are lower for me than for selling CSCO. Good luck to you!

OG