Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 197.59

-0.8%

Nov 7 9:30 AM EST

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To: x-treme who wrote (20774)	11/3/1997 5:46:00 PM
From: Bald Man from Mars	Read Replies (2) of 61433

<<I currently own asnd at 29.5 @ 5000 shares.>> According to my calculation, you have $147,500 riding on this dog. And at today's closing price of 26 5/16, your investment (or should I say your gamble) is now worth $131,562.50 for a paper loss of $15937.50. What is your reason of buying ASND in the first place. $147,500 is not a little sum of money, at least not to me. I have to work 5 years for that, and I certainly will not bet that kind of money on ASND. If you want to cut your loss and have a good night sleep, trying selling it at tomorrow's open, and then you have nothing to worry about. Good luck, desparate man, want to join me in Mars ???

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