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Technology Stocks : Ascend Communications (ASND)
ASND 206.52-1.2%Nov 25 3:59 PM EST

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To: Tim Luke who wrote (19471)10/28/1997 5:53:00 PM
From: sepku  Read Replies (1) of 61433
 
>>>coms up over 3 csco up over 7 asnd -well need i say more.<<<

Unrelated. Recall Gary's table of the past 2 week performance of the networking players. ASND lost 0.2%, the least of the group. Following downwards on the list you see that the rest of the networkers lost far more -- as much as 16% in that same period. Since ASND's fall was over 2 months and far different circumstances, there is no relation to its peers falling drastically over a few trading days. Of course they will rebound. Duh!

Now, if you wish to talk % gains, let's see how much the top 3 recovered off their lows: COMS 18%, CSCO 15%, ASND 11%. Not too bad, considering the environment. ASND showed remarkable resistance to volatility, unlike its peers.

>>>I have been on target for the last few months<<<

ROFL!! Not. Only when you adjust your opinions 24/7, depending on where the wind blows that day. That's like buying a lottery ticket, filling in every circle, and saying you won. Sorry, but that doesn't cut it...you aren't among Motley Fool investors, most of us are more sophisticated than that and demand a higher degree of credibility before giving credit where credit is due. I believe this bet of whether ASND breaks 40 before the year or not, is your first real, uncorrupted call -- and only because we all backed you into a corner.

>>>BTW- I still own my shares!<<<

I sure hope so...otherwise you will have blatantly lied to us all, changing your publicly announced conviction yet again. Do you remember this statement on Oct. 6?
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>>>Rick,
I'm not short on this stock I have 300 shares and thats it so I really don't give a sh*t if I lose money on this stock. I do like to follow it for some sick reason but I will NEVER do another asnd trade. If you really don't think they will fall below .18 then step up and buy more shares I dare ya.<<<
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Verify your post at this link: techstocks.com

Therefore, by your own words, you are forbidden to trade ASND or sell those shares. "Never" is a long time! You may back out on your word, if you so choose...anything less than long-term is trading. Thanks to the person who pointed this out to me via email.

Style Pts.
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