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Technology Stocks : Ascend Communications (ASND)
ASND 207.03+0.4%2:47 PM EST
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To: uu who wrote (31697)1/22/1998 1:30:00 PM
From: Captain James T. Kirk  Read Replies (2) of 61433
 
Somethings are made for margin, and when asnd was 22 (a NO brainer), you could have rode it to 32 on that LU rumor. and you would have no margin balance today. Yes asnd burned me bad, when it dropped from 40-25, my only big hit in many years, but since then I used asnd and every rally to regain ground and pull ahead. Why wait for it to go back to 40 to recover ? Play the tides of the rallies, buy on doom sell on joy.
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