Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.29

-2.2%

3:59 PM EST

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To: Glenn D. Rudolph who wrote (27876)	12/14/1997 12:13:00 PM
From: satish kamat	Read Replies (4) of 61433

<very snobbish> Glenn: I agree. In mid-94 I got into CSCO on a friend's suggestion, without knowledge about their business or products. CSCO made me look invincible. Thankfully, lost a bundle in a number of other stocks. Made me go through a reality check. Learnt to do a thorough analysis, separate facts from media hype, biases (including mine). Most of the people on this thread, who bought in ASND between 30-50, and has worked to help analyze ASND's market, competition, products etc. have an advantage that many CSCO guys don't have. Success doesn't teach anything, other than making one snobbish. They have stopped doing analysis. Reminds me of ASND thread when it was at 75-80. In long term, you don't want some one to give you fish, but learn how to fish.

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