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Technology Stocks : Ascend Communications (ASND)
ASND 209.02-0.7%Nov 24 3:59 PM EST
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To: Gary Korn who wrote (28298)12/18/1997 6:23:00 PM
From: Gabor  Read Replies (5) of 61433
 
I like your research and attitude very much,and enjoy reading your threads.I belive that earnings,pe ratios,does not mean much anymore.It is all a market makers game.They win going up and going down.The only way to win in this game is to hold until your price hits.Of course it will be a long hold and your capital is tied up therefore you loose interest on your money.Unless you can make a good enough profit you still loose in the long haul.I use nasdaq level III everytime I put in an order to buy the price goes up just as soon as it hits the brker at erade, as long as the purchase 1000 shares or more.Iam convinced that this is a crooked game.Last year was a bit better,I basically day traded for 6mo and made 295 Gs.This year I lost big time.The CEO at asnd told a friend of mine that it will take three yrs for this stock to come back
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