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Technology Stocks : ASND - longterm investors with short term worries -- Ignore unavailable to you. Want to Upgrade?

To: William Grady who wrote (31)	11/4/1997 4:18:00 PM
From: Bosco	Read Replies (2) \| Respond to of 67

William - I was playing contrarian last week (boy, that hurts <sg>) when I saw the Fortune article. Unfortunately, negativity is a black hole. Anyway, my ave cost is $30. I ve to decide to be a trader (out after 20% loss) or a investor (hold it until it rebounds.) Btw, if I decide to be an investor, I will buy more @ $20 <vbsg>) good luck to us all rgds Bosco

To: William Grady who wrote (31)	11/4/1997 5:19:00 PM
From: raymond marcotte	Read Replies (1) \| Respond to of 67

no! no! no! not a time to buy. you have to find some way to get around cisco if you want to go long in this stock. sort of betting against msft as the pc's future operating system vendor, or if you don't like that metaphore, how about digital to knock off intel! frankly you have to subscribe to the 'greater fool' theory to go with asnd! not my kind of investing. this stock did not just fall out of bed overnight! it has been heading south from 80 in jan of 1997.

To: William Grady who wrote (31)	11/4/1997 11:59:00 PM
From: John Ritter	Read Replies (1) \| Respond to of 67

I think the stock is worth 25, and may well head higher, but as was mentioned later on this thread, they may clean up their books next quarter. It's an open question on how this will impact the stock price, I've had some bad experiences will 'book cleaning'. My view is that there are better investment opportunities in the market, but for a longterm hold ASND if fine from this point. For that matter so is CYMI (the .25 laser guys). That stock sunk from 90 to 22 recently and is also a good longterm hold. There are a lot of good longterm holds out there, the trick is to find the ones that are moving now, and will continue to move up, like good old ASND did for a long time for a lot of folks. It's a mature company now and has a lot of internal and external market bagage. Good luck to each and all.