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Technology Stocks : Ascend Communications (ASND)
ASND 200.28-1.0%Dec 3 3:59 PM EST

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To: Finder who wrote (3988)6/11/1997 11:23:00 AM
From: AlienTech   of 61433
 
Hey its only money.. But you know how this market works anyway, I woudnt sell my shares (if I had any since mine left me at 47, but I still have the jul 50 options I bought at 52) at this price no matter what. I will wait till it levels off and buy some, ASND isnt going anywhere and they have come through in the past and will in the future, in the worst case we might have to wait an year for the price to double. Look at coms, csco etc.. Hopefully we wont end up like bay.. But bay's looking up too and they will get up there sooner or later. The only ones who really loose in the long run are the ones dumping right now and having to buy it back in 3-6 months at a much higher price and then the cycle repeats all over again.

Read the LSI press release this morning, LSI says they dont see a problem, SO the Anals come out and say well how about next quarter, can you say you will absolutely make estimates. These guys are total morons..
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