Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.50

+0.6%

3:59 PM EST

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To: Augustus Gloop who wrote (42494)	4/7/1998 11:06:00 AM
From: The Phoenix	Read Replies (2) of 61433

Boy the senitiment on this thread sure changes quickly. Listen folks, everyone here was saying 40....and 50 ... and even 60 soon. But, these assumption were built on a market that was status quo. Now, money is moving from tech's to financials because of the Travelers meger announce yesterday. I think most investors here realize that a move from this sector would affect ASND. We should also understand that ASND is smaller than CSCO and COMS and will therefore be a bit more volitile. So, everyone here needs to calm down...wait it out and ASND will come back. Remember the low-20's? Hey, we've got an 80% return on that already. This is a time to add...if it dips into the low-30's I'll be adding. And Thursday will be a telling day for ASND and the sector. If ASND posts strong earnings we'll see some money come back. And Cisco next month...so let's mellow a bit. If you're a trader...O.K. get excited, but if you're an investor you can't be worried about these daily/even weekly fluctuations. Gary (not Korn)

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