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: Tim Luke who wrote (31463)	1/21/1998 4:45:00 PM
From: Sector Investor	Read Replies (2) of 61433

<<It seems that you guys make the biggest mistake in investing and that is falling in love with your stocks. I guess going from 80 to 20 and can't even stay above 30 is a good investment.>> Tim, you are primarily a trader, not an investor. The fact the stock can't "stay above 30" is a short-term sentiment and perception issue - it has nothing to do with ASND's fundamentals. Sentiment and perception is in the process of changing. So it takes a while? I'm holding my core position for a Loooong time, trading a portion. I'm not in love with ASND, but it's long term prospects and long term price appreciation look more solid to me than most other companies - certainly in the networking sector. Take CSCO for example. Which will double sooner from today's price?

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