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Technology Stocks : Ascend Communications (ASND)
ASND 197.59-0.8%Nov 7 9:30 AM EST

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To: Pierre Aydin who wrote (30395)1/14/1998 4:18:00 PM
From: uu  Read Replies (5) of 61433
 
Hi Pierre:

> CS will plunge tommorrow, I hope u did not buy it.

No of course not. I would rather buy a land in Iraq next to Saddam than CS!

> How did u like the action on ASND,


I have a whole bunch of shares bought at $46.5 and $40 about 6 months ago. For the past 3 days I have been experiementing and have become sort of a trader with various stocks (AMAT, TXN, ASND, etc.) and I tell you being a trader is not that bad, it just takes a lot of your time during the day (but if that is all you do it is ok)!! After 12-13 years of being a hard core investor (and not a trader) my wife finally convinced me to play a little trading. So about 1 hour to the close tried to do it with ASND, bought 1K share at $29 and sold it at $29 15/16 (30 seconds after I sold of course it went to $30 1/4!), but nevertheless about $900 in lest than an hour is not too bad! Now if I can only sell my remaining ASND shares that I had bought at $40-$46.5 at $80 then that would be something to really celeberate!

Regards,

Addi Jamshidi
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