Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 220.42

+4.9%

Dec 12 9:30 AM EST

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To: Kevin who wrote (14489)	9/26/1997 1:17:00 AM
From: uu	of 61433

<off topic> and rather a philosophical question! Does anyone ever wonder what happened to those people who sold Ascend at $32/shr just 10 days ago? And better yet Why?! This of course excludes those who shorted the stock, and purely is posed at those who were long and sold at $32. I wonder how they feel now to see the stock has already gone up about 12%-15% since they sold at $32, and surely by looking at the 52 week low and high at the time, $32 was at the absolute bottom therefore they must have taken a huge loss on their sell (considering also the volume at the time). So what has happened to them? Where have they gone?! Similarly those who bought the stock at $80 must really feel like fools also! I wonder what has happened to them? Are they averaging down, selling or simply just holding. I guess all 3 cases do exist. But you know who is the absolute sucker of all? The guy who bought ASND at $80 and sold at $32!

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