Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 196.81

-4.9%

3:59 PM EST

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To: Intel Trader who wrote (13251)	9/17/1997 3:29:00 PM
From: Greg h2o	of 61433

I don't know why I am constantly surprised by the fear which I see on various threads when a stock plummets in price. Emile may blame it on the MM's manipulating the price (BS in this case), but ASND dropped-- plain and simple-- because of panic from investors. It gave many investors who recognized the value of ASND the opportunity to pick some up at bargain prices (I picked up a substantial amount for clients at $32 5/8). I could care less if it rebounds to 40 tomorrow because I'm looking quite a bit further down the road than tomorrow. If if drops due to a short-fall this quarter, then I'll add to my position if it gets oversold again. Don't any investors consider fundamental values anymore????? Fear and greed.... regards, greg

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