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Technology Stocks : Ascend Communications (ASND)
ASND 210.50+0.5%Nov 21 9:30 AM EST

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To: Tim Luke who wrote (19873)10/30/1997 8:17:00 PM
From: Sector Investor  Read Replies (2) of 61433
 
Great move Tim.

Man, I love it. Reading this thread is just exactly like the BAY
thread when it broke under $18 in March and the COMS thread when it
broke support at $31.25 back in April! I got BAY in the $16s and
missed the drop to $15. I bought COMS at $31.50 and missed the short
lived fall to $23+.

The company is no good, the products stink, the CEO needs to be
replaced, CSCO is still the boogyman, the ANALysts and reporters have
nothing good to say, and there "is a great wailing and gnashing of teeth"!

Then is when I bought BAY and COMS and now is when I am buying ASND.

No one can pick the bottom exactly, but close is plenty good. When
sentiment changed, I sold BAY at $36 and COMS at $53+ within 4
months!
I fully intend to do the same with ASND.
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