ASND - longterm investors with short term worries Message Board

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Technology Stocks : ASND - longterm investors with short term worries

ASND 201.60

-1.0%

Oct 31 9:30 AM EDT

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To: minhaj hasan who wrote ()	10/28/1997 5:39:00 PM
From: minhaj hasan	Read Replies (2) of 67

As a longterm investor I am troubled by the action of ASND today in a market when other networking stocks were up 10 percent. Asnd was unchanged. Now the question which comes to mind is whether it is worth waiting on this stock when one could have sold it at daily low and purchase some other stock. Let me tell you that I own 2000 shares of ASND, with range of 51, 41, 38,35,32.5, and 30 with an average of about 39 dollars. this means that I am down 21,000 dollars on this stock. But guys, remember, we should look longterm not for shortterm. If intel can trade up 15 pts in one day, I can assure you that if things are right, asnd can fly higher. Question is, are things alright for asnd ?

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