Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 213.36

-3.3%

Dec 15 3:59 PM EST

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To: Ben Tang who wrote (13504)	9/19/1997 6:37:00 AM
From: Christopher White	of 61433

Ben, No, currently I am not short ASND, but even if I was, the few shares I could carry on margin would only be a drop in the bucket when you look at the volume of shares traded daily. I don't "care" about ASND anymore than I "care" about any other stock...I lurk on this thread a lot because I trade networkers and this thread is a good source of scuttlebut on the company. The beauty of SI is that it makes possible our debate in this open forum. I posted my bearish opinion on ASND because I simply disagree with the arguement that many of the bulls have put forward along the lines of 'ASND was a buy at 47, so now at 35 it is an even better buy.' As for APM being conservative and ASND being risky, that is not what I posted. Both stocks are aggressive plays for 100% return for traders with a 6 to 9 month time horizon and in my opinion APM is the safer play for persons of limited financial resources like myself. Christopher

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