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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: Mighty Mizzou who wrote (59612)1/29/1999 2:24:00 PM
From: The Phoenix  Read Replies (1) of 61433
 
Common sense? I think most would argue against mortgaging the house, and maxing out on a margin for a single security in a market that by almost every measure is toppy. If CSCO has a lousy conference call next week the sector, and perhaps the market, takes a hit. Any burp in the senate.. anything can upset this market. Increases in oil prices, higher unemployment, lower housing starts...the market is looking for an excuse to take a breather. April coming...another hit (we take breather there every year). Summer duldrums after that.

You can probably hold up to the mortgage but if you get a margin call....YIKE!!!! I applaud your bravery, but I'm notu sure there is any common sense here. Lot's of hope and grit though. Hope you've got plenty of stomach lining... ;)

OG
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