Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 207.30

-0.9%

3:26 PM EST

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To: Karl Radke who wrote (27882)	12/14/1997 7:00:00 PM
From: sunfish	Read Replies (1) of 61433

You already have two information filled posts from knowlegeable ASND watchers giving you good reasons to buy ASND at these levels. Another reason to buy now is that everyone else agrees with you and has for some time. If they didn't, ASND wouldn't have travelled from 80 to the mid-20's and hung out. My strategy is to BUY basically sound companies when everyone is convinced by well-reasoned, street generated (manipulated?) expectations that permanent disability has arrived. Watch out for the pendulum, it's sharp on both sides.

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