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Technology Stocks : ASND - longterm investors with short term worries
ASND 201.62-1.0%3:59 PM EDT

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To: raymond marcotte who wrote (34)11/4/1997 6:30:00 PM
From: yard_man  Read Replies (2) of 67
 
The 'greater fool' theory is buying a stock that has already been propelled to an unreasonable valuation based on high expectations -- this is not an apt description of ASND. You buy hoping somebody is willing to give even more of a premium to sales, earnings, etc.
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