I personally don't have a problem with politicians lying to me, that's what they do best. I do have problems with politicians that commit felonies when they supposedly take an oath to uphold the Constitution. It's not a crime to lie, but it is a crime to lie under oath. And by the way, even if the President is impeached, the economy will be just fine, since it's more Greenspan and technology (INTC, MSFT, CSCO)than anything driving this market.
As far as the main point of this message board, I feel confident of my long position in Ascend, holding 325 long at $25, 389 more long in my 401k (average = $32). I also believe in Ashby, the revenues Ascend is deferring from Q to Q to beat estimates. I also feel that Ascend will be purchased before the end of the year, but not sure exactly who or when, most like LU, maybe Siemens.
I also have a unique perspective due to the situation I'm in.
Hoping for $65 by year's end.
Jim |
