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

To: Tim Luke who wrote (19492)	10/28/1997 6:33:00 PM
From: sepku	Read Replies (1) \| Respond to of 61433

>>>If you did not own asnd I can bet you would not touch the stock with a ten foot pole, you are in denial.<<< Let's ignore the fact that your statement above makes no sense since I have apparently been "touching" the stock several times, accumulating my position throughout the past 5 weeks or so. I made no secret of that. And since the situation with ASND has not changed much in 10 weeks, it appears denial has nothing to do with anything. You seriously have to try and separate your two mindsets between day/position trading, and investing...your trading calls have been pretty good, but your investing calls seem horrendous. Especially when they expire in a week! >>>Please tell me why if any of all days asnd was to show some grace it would have been today it failed.<<< I have no idea why you think today is so significant for ASND. Today had no importance for ANY company beyond money flow returning to oversold stock following yesterday's severe beating. There is a very simple reason why ASND did not make significant gains today, and it is troubling that you cannot grasp it: the networking sector rallied along with the rest of the market, and considering ASND is out of favor, it makes perfect sense that the capital gravitated straight into the top 2 networkers who got pummelled heavily over the past two trading days. When the top 3 networkers are great buys, of course the money favored the ones considered safest -- most of herd thinks like you, Tim. Style Pts.