Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.33

+1.1%

Nov 28 9:30 AM EST

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To: Johnathan C. Doe who wrote (23225)	11/13/1997 1:14:00 PM
From: Larry J.	Read Replies (1) of 61433

While its entirely possible that the overall market in general and the networkers in particular could very well take ASND down further, I believe that it is equally likely that an event specific to ASND could occur such that the share price gaps up substantially and without forewarning. I obviously have no longer any choice as to my entry point in ASND, as my position is complete . However, I think that $23 - $ 24 is certainly a very attractive entry point for at least a partial position. My point being that waiting for that absolute bottom is very difficult and may result in missing out altogether. I guess it all boils down to ones propensity for risk. Larry

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