Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 213.30

0.0%

Jan 2 3:59 PM EST

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To: john o who wrote (14534)	9/26/1997 12:41:00 PM
From: uu	of 61433

John: <OFF TOPIC> You state: > if you don't have anything useful to say, don't say anything at all. I read your post and I wondered!! Anyway, you state: > Are you the guy who bought ASND at $80 and sold at $32? Did > you also buy LSI at 46 and sell at $27? The reason I posted a similar message on LSI was also because of the same irrational sell off that was taking place with that stock also at the same time as ASND. And FYI, I have been a LSI share holder since 95 when I first bought it at $52, and averaged down all the way to $20, and then bought more as it went up in the high 20's and then again in the low 30's, and am still planning to buy more if it drops to the mid to high 20's again. As for ASND I bought it at $46.5 and then averaged down at $32.5, and $33.5, $35.5, and planning to buy more if it drops to the low 30's again. My point from my post (which regretfully you did not seem to understand) was thart people forget very easily that they are doing an investment and not just buying a lottery ticket! And I do realize that in a bull market it is very hard for some to distinguish between these two distinct mentalities! Regards, Addi Jamshidi

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