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Technology Stocks : Ascend Communications (ASND)
ASND 202.23-4.2%3:59 PM EST

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To: Lutz Moeller who wrote (53433)9/1/1998 6:47:00 AM
From: George Coroneos  Read Replies (2) of 61433
 
I've been lurking on this thread for a very long time and now feel I should add a timely observation.

During the silver run up brought on by the Hunt brothers, I was watching the news and noticed people lining up outside of coin shops purchasing anything made of silver. The next morning I sold 176.00 in silver half dollars for 3600.00.

Yesterday evening ten minutes before the close I was in a Schwab office making a deposit when a middle class couple came in Certificates in hand asking if they could sell their shares even though they had no account. Many analysts reviewed after the close said there was no panic. When they start taking stock out from under the mattress, and have no brokerage account, IMO it's panic and time to buy. I did right then, 2k more ASND and 5k more UIS.

Best of luck to all ASND longs.

Geo,
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