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 5:53:00 PM
From: minhaj hasan	of 67

Although I don't want to discuss day trading, I did had serious doubts about ASND today and was contemplating selling ASND and get into CPQ, DELL, or INTC when the market was low. For example when ASND was 27 , INTC was trading at 71 why not sell ASND 27 * 2000 =54000 with taking a loss of 24000 from purchase price and get into INTC at 54000/71 =760 shares. At closing INTC was 85 and ASND 29.4. Investment in Intc would be 64600 (10,600 profit) and ASND 58800 (4800 price up). If day trading good for today but what if market goes down tommorow. If getting out from ASND for good, and belief INTC has better stock growth than it is impressive move. What if ASND is better stock in stock growth in your opinion will you still do it ? 10 K not bad money. These are the temptations longterm investors in stocks goes through. It is hard

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