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Technology Stocks : Ascend Communications (ASND)
ASND 208.27-2.4%12:40 PM EST
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To: username who wrote (34247)2/10/1998 5:02:00 PM
From: Marc Hyman  Read Replies (2) of 61433
 
I'm still interested in any info from people who have held ASND since before it dipped below 35.

I think you need to re-phrase your question. It suggests that the shares must have been purchases at a price greater than $35. I've been holding since before it dipped below 35, but then I still own shares purchased before ipo. I've friends and family that purchased at ipo. Their basis is about $1.70 per share. Yeah, selling at 20 times basis is rough when you could have sold at 47 times basis :-).

// marc
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