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: John Meares who wrote (12)	10/28/1997 9:19:00 PM
From: michael modeme	Read Replies (2) of 67

Why the doom and gloom? If you're long on ASND (more than 1 year) you have a very high probability of doing well in this stock. Not much has changed about the long-term fundamentals of ASND. Companies, from time to time, have bad quarters. If it's a good company, the down spell only lasts a quarter or two -- I believe that to be the case of ASND. In which case, THAT'S THE TIME TO BUY!!! If you're bullish, like me, on the long-term prospects of ASND (fastest growing large networker in a sector that's growing faster than any other major sector!!!) then the next couple months is an excellent time to buy. Or better yet, buy the Jan 2000 leaps on ASND. Jan 2000 30 calls are selling for around $12!!! If ASND goes above $49 by Jan. 2000 it is much more profitable to be in these calls. If you worry about ASND -- close your eyes and don't open them for another 6 months -- you'll probably be very happy.

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