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Technology Stocks : Ascend Communications (ASND)
ASND 213.240.0%3:59 PM EST

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To: Bald Man from Mars who wrote (11644)9/11/1997 12:53:00 PM
From: Emile Vidrine   of 61433
 
"Wouldn't you make a bigger killing if you sell now and buy it when
it is $25."

No one but the insiders know how far down they want to take Asnd during its present negative earnings and lost of contract period.
It is very difficulat to pick the absolute low. When you have a good company, it is better to average into into. It saves you emtional and psychological ware and tare, and enables you to get in at a reasonable price for long term investors. When you lose your mental focus you cannot invest wisely.
I am not an expert on the fundamentals of Asnd, but from what I have researched I think the 20's would be the low. If the fundamentals change further , this projection would change accordingly. This is based on the info available today.

emile
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