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


To: muleskinner who wrote (20869)11/3/1997 10:46:00 PM
From: Sector Investor  Respond to of 61433
 
<<Hey -is anyone still buying at these prices. Im still in an still
picking up for the long haul. Should I have my head examined?>>

Then I'd have to have mine examined too. You see I plan on holding
most of my ASND for a few years (I don't believe in any near term
buyouts - perhaps in a year). If there IS a buyout offer, we could
very well see a second bidder get flushed out.

If 10% average qtrly sequential growth is the worst we will do for
the next two years, ASND will have $1.5 Billion in revs in 1998 and
$2.2 Billion in 1999.



To: muleskinner who wrote (20869)11/4/1997 12:04:00 AM
From: Spaw  Read Replies (1) | Respond to of 61433
 
skinner-

you said: Im still in an still picking up for the long haul. Should I have my head examined?

I say: NO
Buy on fear. When all the news is the worst, when doom and gloom rule: BUY. That is, if you believe in the company, it's management, and the sector.
Long haul...well, if the stock goes to 15, you average down, in 20 years you'll be rewarded for your intestinal fortitude.
I hope. The Nasdaq can be VERY painful.

--spaw--