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Technology Stocks : ASND - longterm investors with short term worries
ASND 205.980.0%Oct 29 3:59 PM EDT

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To: William Grady who wrote (31)11/4/1997 11:59:00 PM
From: John Ritter  Read Replies (1) of 67
 
I think the stock is worth 25, and may well head higher, but as was mentioned later on this thread, they may clean up their books next quarter. It's an open question on how this will impact the stock price, I've had some bad experiences will 'book cleaning'. My view is that there are better investment opportunities in the market, but for a longterm hold ASND if fine from this point. For that matter so is CYMI (the .25 laser guys). That stock sunk from 90 to 22 recently and is also a good longterm hold. There are a lot of good longterm holds out there, the trick is to find the ones that are moving now, and will continue to move up, like good old ASND did for a long time for a lot of folks. It's a mature company now and has a lot of internal and external market bagage. Good luck to each and all.
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