Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

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To: Peter Yang who wrote (13591)	9/19/1997 3:37:00 PM
From: sepku	of 61433

>>>Before today, many people said they would hold and not sell before 40. But they now all have changed and want to sell at this low level<<< Investing on impulse/emotions? Who knows. Yes, it's amazing how viewpoints change on the flip of a coin -- especially when fundamentals do not change day to day. I'm sure you've noticed as I have, that there is a direct correlation between down days and huge volume of posts on this thread...another clear demonstration of just how much emotions and impulse factor in for most people's investing tactics. When ASND was losing blood, the volume of posts per day increased about 500%, from about 50 to 250! Then when ASND had three up days in a row, we were back down to about 80. Also notice how most of the bears and shorts have slinked away into the shadows...I guarantee you, that if we have another retreat of just 2 points, they'll be back -- proclaiming that the 20s are near. I think it's amusing...but then again it is difficult to choose a course and stay true to your convictions in this game. Style Pts.

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