Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

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To: djane who wrote (50216)	7/20/1998 12:43:00 PM
From: Jon Cave	of 61433

Djane, I think I would buy more if it fell below 50. I started buying ASND at 24 and have continued to buy. This has been a stock that I could have made 20 % more if I would sell on the peaks and buy back on the dips. However, that really screws up my capital gains taxes on my long position. I figure the day I sell my shares would be the day that ASND gets bought.<g> I bought 100 shares the other day when it fell down to 46.xx. I wanted to buy 400 or 500 shares. But, it is scary buying something that is falling in price and you have no idea why. After the earnings I also bought a couple hundered more shares around 50. ASND has been good to me. I will live or dye with ASND. I have about half my portfolio in her. The rest is spread with VTSS,CISCO,QWST,CIEN etc.. I have been wanting to buy more CIEN since TLAB had such good earnings. I have been waiting for a small dip but I don't think it is going to happen. Good luck.

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