Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 200.28

-1.0%

Dec 3 3:59 PM EST

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To: fiberman who wrote (21875)	11/7/1997 3:28:00 PM
From: Nazbuster	Read Replies (1) of 61433

Fiberman, I too am taking a bath, but still believe LONG TERM in both ASND and the sector. Since I'm out of cash buying at each of the several "bottoms" we have seen, I sold some stock and bought leaps to get the leverage. I think the decision each person has to make is how they like their money working: move it where they believe they can get some short term gain or buy/hold for solid long term gain. Who here thinks ASND will still be below 30 in 1 year? If you do, then you're right to dump the stock. I personally don't have the time to research/follow issues closely enough to trade the way most of you do, so I mostly buy/hold. Those who buy today and see 30, 35 or 40 in one year won't be complaining...

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