Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 209.41

-0.3%

12:16 PM EST

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To: Skeeter Bug who wrote (20920)	11/4/1997 9:03:00 PM
From: Spaw	Read Replies (1) of 61433

SB- you said: spaw, buying asnd in the teens isn't a frightening risk, imho. it is smart. buying asnd in the $70s is a frightening risk ;-) I agree. I've decided to buy this baby on the way down. The only fearful thing is not knowing where the bottom will be. I expect it to be below 20. At that point the truck will back up. I LOVE it when the markets squeal doom and gloom about a company with great (albeit faltering) prospects. They don't always come back, but I'm reasonably certain Ascend will have upside in the future. Micron, KLA, Kulicke & Soffa, these are a few of the stocks I can name that have been in a position like Ascend. Granted, the sector is different, but the mood is the same. I used the word frightening to stress the feeling one might have jumping into a doubtful, changing picture. What a thrill, eh? :-) --spaw--

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