Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.01

+1.7%

Nov 26 3:59 PM EST

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To: sunfish who wrote (26205)	12/5/1997 10:34:00 AM
From: David Nelson	Read Replies (2) of 61433

A fool and his money. ASND is trading at 31, you think it'll go to 60, but it's OK by you if it goes to the low 20s. I've never heard of anything so absurd! My eight year old son's logic is a good deal more sound! How do you make a small fortune in the stock market? You start with a large fortune. Stocks go up and down. Markets go up and down. The idea is for your portfolio to go up. You don't count the good (or in ASND's case marginal) stocks in your portfolio every night, you count your money. J.P. Morgan is purported to have told his son, "I will always be happy with you, son, if you go to bed at night with more money than you had in the morning." Platitudes for a fool and his money... --Dave

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