Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 219.98

-0.3%

10:45 AM EST

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To: Jeff Mills who wrote (12836)	9/15/1997 4:54:00 PM
From: Trina	of 61433

"Anyone who sells a high-growth high-tech stock like ASND for a $35k loss (unless you are forced to via a margin call) does not belong in the market." I bought 1k @ 52 and 2k @ 48. It was a pain but I got out @ 38. I moved the money on NXTL, QNTM, PAIR and ISIP. I am doing fine now (up $12k in two weeks). The art of investing is NOT when to but when to SELL. I strongly believe that ASND will trade at $45 again. It may go all the way to $80. BUT let's check the reality. The market is already volatile. ASND had several downgrades. ASND MUST show good earnings and bring the confidence back. Remember, CSCO is begin to nibble at GRF and Remote Access Products. You may hold onto your stocks. But how long? Nobody knows. I called the IR. They are not responding. Good Luck!

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