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


To: Lee L. who wrote (60678)4/9/1999 2:13:00 AM
From: Gary Korn  Respond to of 61433
 
Lee,

You are definitely right. ASND was a rarity, with only 2 discrete products at the time, one of which (ATM) became way hot. I'll never forget hearing Mory talk about that impending market at the Morgan Stanley conference I attended.

ORCL offered a potential bottom play at 21, and I played it for the points today (selling today, perhaps too soon). It does offer a good day trading opportunity, as any future fall-off should be limited unlike when I day traded ASND as it collapsed from 50ish down to 20).

Best,
Gary Korn