Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 208.27

-2.4%

12:40 PM EST

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To: Ashley Campbell who wrote (13189)	9/17/1997 10:15:00 AM
From: Chi-X	of 61433

I hope this drop teaches a lot of traders a big lesson: You can't pick the bottom, just as you can't pick the top. Heck, I bought yesterday at $33 11/16 after it hit $32 the previous day. I know how difficult it is to find the bottom (if I tried, I probably would've bot around $38 or $36) so I might as well let the damn thing bounce and jump in when it starts going positive. So what if I missed 1 11/16 off the bottom, at least I don't have to worry about having to break even up in the mid 30's. And if ASND continues to drop, I have a stop at 33 7/8 where at least I get a gain of 3/16 and don't go into a loss. Cheers, Chi-X hath Spoken! Absolutely Princess Diana 1961-1997 members.aol.com

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