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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%Dec 5 9:30 AM EST

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To: Inga who wrote (37796)3/5/1998 6:14:00 PM
From: Jan Crawley  Read Replies (3) of 61433
 
Lanny, I am sure that your reason for selling your Asnd shares today are sound. Especially because you are an option pro and that is a good option/avenue for your future profit. My best wishes to you.

I bought another 200 shares today. Just could not resist. and I have a few thoughts/reasons for my actions.

1. Collectively, the Asnd thread has educated all of us as well as an individual investor can possibly expect. I figure as long as I keep a watchful eye to the fundamentals in particular and market conditions in general; I might just have a competitive advantage staying with Asnd. Long-term of course.

2. My exposure in Asnd has decreased and my tolerance for short-term price fluctuations has improved. I am no longer frustrated by the price of this stock and I am better equipped to profit from the volatile nature of this stock.

However, as I am finishing this post, MOT just warned; and down 5 in after market trading.

Jan
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