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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: Finder who wrote (11922)9/12/1997 11:23:00 AM
From: Philipc   of 61433
 
Finder,

I share your agony. But my advice to myself and to you, if I may, is not to be too emotional about this. If the company's problems are temporary and the fundamentals are intact, take this as a rare opportunity to get the stock cheap and average down. And what if the street is wrong? They have been wrong about AMAT, CSCO, INTC, and many others. They may be wrong about ASND. If ASND goes back to 70 in a year, your investment today will have been doubled. Also, there is still a chance that the company may meet the numbers. Remember the management has not prewarned. This is my humble opinion. Good luck!
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