Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.01

+1.7%

Nov 26 3:59 PM EST

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To: H. Wai who wrote (53335)	8/31/1998 4:28:00 PM
From: Tim Luke	Read Replies (2) of 61433

i'm in no way happy about all this, i went 90% cash 3 months ago. all i can say for the longs is not to panic and sell, it's far worse to sell then to ride this storm out. asnd WILL come back. as for tomorrow, IF the s&p futures are up before the bell don't think we will have a rally. it happen today and lasted only a few minutes. we are going to be down every damn day this week. regarding asnd: for you who are long IMO i would just sit pat and ride this out i feel asnd will trade back up to the 40's by the end of sept. if your looking to add, you will have a great chance to do this at the very low 30's all this week. good luck and please understand i'm not trying to discount anyones feelings here.

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