Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 219.63

-2.1%

Feb 4 3:59 PM EST

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To: charger who wrote (54948)	10/1/1998 1:35:00 PM
From: James A. Shankland	Read Replies (1) of 61433

[Re: "What did you pay for the November 45's?"] 4.25...have we hit bottom? Heh. Let's see. So unless ASND gains 20+% over the next 32 trading days, you lose money? Well, Lord knows it could happen -- you're not completely nuts :-). But in the current environment, I'm not betting on a 20% increase in anything over the next 6 weeks. Nothing personal, and I hope it pays off terrifically for you (in which case, I win too, as I'm long ASND). I'm just not optimistic, short-term (and 6 weeks, in my lexicon, is short-term).

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