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Technology Stocks : Ascend Communications (ASND)
ASND 202.96-2.8%Jan 9 9:30 AM EST

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To: MulhollandDrive who wrote (8450)8/11/1997 7:05:00 PM
From: B Hewson   of 61433
 
Betty Ann, I too sold ASND at a loss today. Very disappointing. Seemed like a very nice double bottom forming (John Murphy on CNBC even commented on it) but not to be. I listened to conf call and was uneasy but didn't pay attention to my concerns. Have done that before on stocks that I have in my IRA. I think it's long term money and I don't trade it as aggressively as I should...I too bought another stock immediately, Ethan Allen this time for a little diversification from all the techs.
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