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Technology Stocks : Ascend Communications (ASND)

ASND 210.50

+0.5%

Nov 21 3:59 PM EST

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To: Johnathan C. Doe who wrote (23023)	11/12/1997 7:07:00 PM
From: uu	Read Replies (4) of 61433

Johnathan: Just keep in mind one thing. Those who stay out of the market while it is going up, end up losing far far more than those who stay in the market while it is going down! If indeed you have been out of the market for the past 2 years and stayed in cash I can almost guarantee you that I am at least still 30-40% ahead of you - even after the 30-35% decline of my portfolio for the past 3-4 weeks (my wife and I have 85% of our assets in our stock portfolio which is 100% high techs). There is this so called analyst named Jimmy Rogers who is nothing more than a jack-ass clown. You may want to listen to him sometime on CNBC (he shows up on Friday mornings on the Squawk box show). He has been out of the US market since the DOW of 3000 and have been putting his money in places like Sri Lanka, pakistan, Mars, moon, etc. and instead of buying companies such as Intel, Sun, Microsoft he has been buying tea factories in some village in Africa or god knows where else. He wears this funny bow tie and gives the impression of a wise guy. He never reveals his return of fund (the so called Rogers holdings) and no one is really surprised as why (at least I am not)!! Yet everytime the market goes down he becomes even wiser and says I told you so!! But the idiot does not know that it is he who has lost and not I or others who have been investing in the growing companies for the past 3-4 years! Sure in sharp short period of idiotic sell offs things do not look that great, but in a continuing bull market during these times a wise investor will buy rather than sell into the idiotic sell offs! Regards, Addi Jamshidi

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