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Technology Stocks : Ascend Communications (ASND)
ASND 199.47+1.1%Nov 6 3:59 PM EST

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To: sepku who wrote (19024)10/26/1997 9:47:00 AM
From: Sector Investor  Read Replies (2) of 61433
 
<<I never liked BAY, but I also never realized just how overvalued
it really was.>>

I liked BAY a lot - in the $16s where I bought it (when the ANALysts
had nothing good to say about it). I liked it even better the day
I sold when it first moved to $36 on ANALyst upgrades. :-))

I agree that it was overpriced recently, but I'll like it again one
day - when the price is right.

Tis better to buy low and sell high than to buy high and hold thru
lows. Fortunately, I never chased ASND above $41 and bought a lot more
recently in the $32 range. I'm stuck like everyone else at the moment,
but only need 3 points to get even.

I like ASND a lot at this level (when the ANALysts have nothing good
to say about it) :-)))
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