Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 206.91

-2.4%

11:09 AM EST

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To: gbh who wrote (42042)	4/3/1998 2:01:00 AM
From: MMW	Read Replies (1) of 61433

Hi Gary, You may be right. Based on the volume, the big boy are slowly back in. I think ASND's fundamental is improving. The stock recovery is on its own merits. If we are patient waiting for a couple quarters and stay close, the reward will come. I got in ASND last year and have sold 1/3 of my holding, a big paper lost for offsetting the gain for tax reason. I determine to hold 2/3 of my previous position in a hope this thing will recover. I am long on this as long as its fundamental continues to improve. I hate to get out and get back in for a little profits and let IRS get portion of whatever the profit is. It does not make a good sense for doing that. Cheers, Mike

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