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Technology Stocks : Ascend Communications (ASND)
ASND 204.41-1.0%Nov 14 9:30 AM EST
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To: Tim Luke who wrote (42956)4/9/1998 10:59:00 AM
From: blankmind  Read Replies (1) of 61433
 
So you might want to take a 4.5 loss a put your money to work elsewhere. This is by far one of the worse tech stocks to own short or long term. -- tim luke

To: MR (25360 )
From: Tim Luke Wednesday, Dec 3 1997 1:38PM ET
Reply # of 43095

MR,
So you might want to take a 4.5 loss a put your money to work elsewhere. This is by far one of the worse tech stocks to own short or long term.

Even IF asnd comes in at .23 it won't be enough to get the stock higher. The selling pressure will keep this stock down for a long time to come. My advise "only" to you is if you can get 30 i would sell, because it won't be able to hold that price. ASND will trade below 30 for many months to come.
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