Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 197.66

+0.4%

2:53 PM EST

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To: Johnathan C. Doe who wrote (23232)	11/13/1997 3:00:00 PM
From: uu	Read Replies (2) of 61433

Johnathan: you state: > I like BAY at $16, ASND at $12, COMS at $24, CSCO at $45. Since you are a trader and dont really care about long term investing in techs, and since your timing of getting out the market was right on the target, and also since you believe strongly the melt down of techs will continue, then may I ask why are you not shorting these stocks. Lets see, if you short ASND at $23, and if you believe ASND will go to $12, then you have a 100% gain, and then you can buy it back at $12 and go long on it and sell it at $23. Now thats 200% gain round trip. And you can certainly do the same with CSCO, and COMS also not to mention with practically every single tech stock out there. So what are you waiting for? Every minute passed can be worth thousands of dollars! Regards, Addi Jamshidi

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