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: Tim Luke who wrote (18588)	10/21/1997 11:51:00 PM
From: sepku	Read Replies (1) of 61433

>>>Right now I'm sitting on 300 shares and I plan on holding them until ASND hits 50, which I'm predicting (if they are not bought out) around April-May 98.<<< You keep digging yourself a bigger hole! 50 by Spring 1998, you say. Why do you bother trying to forecast that far out when you, I, and everyone else knows this is meaningless since you will undoubtably change this opinion a dozen times before then? If you truly did believe this, then I have no idea why you would bother holding approx. $10G worth of ASND stock for a pittance of $4000 (about 40% assuming you bought around 35) return by that time, rather than simply trade it. Now, if you repurchased several thousand shares and held for that return, that's well worth the wait...but for 40% off of $10G, why bother? You are an enigma, Tim! Style Pts.

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