Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 220.58

+5.0%

3:59 PM EST

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To: Mr. Aloha who wrote (13278)	9/17/1997 4:36:00 PM
From: werefrog	of 61433

I don't let any stock fall very far as I purchased Spectrum Info several years ago, 1000 shares at 10.25. I still own the stock & at last count it was trading for 12 cents a share. I am only holding it for a tax writeoff at the right time and I certainly don't expect it to recover. It only takes one experience like that to make you respect the 15% to 20% loss sell rule. As a result of that torture experience I am quick to sell ANY stock I am loser in. Did you ever hear about the guy who made his first million by selling to soon?

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