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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Thanh T. Phung who wrote (19266)10/27/1997 7:48:00 PM
From: mark alan rosenberg  Respond to of 61433
 
Thanh,
All great companies have been overpriced. Book means nothing
in tech stocks. If one were to start micro-analyzing great co.'s
5-10 years ago, we would have passed on MSFT, DELL, CPQ, etc. etc.,
because we would not have paid the price then, perceived as overpriced.
Thing is, if you want to be IN, then you must invest. If you want
to be in the right sector, you need to invest in it.
I'm picking ASND for the growth rate, the present valuation, and
the sector.
Mark



To: Thanh T. Phung who wrote (19266)10/27/1997 8:10:00 PM
From: James A. Venooker  Respond to of 61433
 
Dear Thanh,

Looks like we are both taking a beating, I bought at 40 via the CSCC conversion and at 32. I put my last buy in for tommorrow. We will have to wait and see.

Good Luck to us both!

Jamie


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