Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 204.41

-1.0%

Nov 14 9:30 AM EST

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To: Finder who wrote (28827)	12/29/1997 6:52:00 PM
From: Ove Hansen	Read Replies (2) of 61433

> This has got to be one of the worst run companies in America. > unfortunately I own so much of it I can't afford to sell it. Uh??? Can someone explain to me why anyone believes he's got to hold on to a dog stock? The last times I've gotten out and in of ASND via DATEK: 12/22/97 09:32:42 Sold 100 ASND 27 $2689.92 12/29/97 12:55:10 Bought 100 ASND 23 7/8 $-2397.49 OK, I've got the same amount of the same dog, but I'm $300 happier (except, I bought those previous 100 @29 ;-)... OK, a pathetic trade but so what? I'm just puzzeled about the amount of people who can't get out of a stock just because they'd lose money on doing so. Isn't it better to get out on a peak than to follow the stock down to the bottom again, or is there something amazingly fundamental that I have misunderstood??? BTW - I also disagree with the first statement above - I believe ASND will surprise us soon... Ove

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