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


To: G. Richmond who wrote (21581)11/6/1997 4:48:00 PM
From: Jeff Jordan  Read Replies (1) | Respond to of 61433
 
To: George Coyne (21559 )
From: G. Richmond
Thursday, Nov 6 1997 4:44PM EST
Reply #21581 of 21583

your in at $41.
I know you didn't expect it to drop to where it is today but then again, you
unfortunately are looking at Ascend thru Rose colored glasses, as expected. :-)



So, whats your position since your so damn smart?Short @ $25?

JJ



To: G. Richmond who wrote (21581)11/6/1997 4:56:00 PM
From: uu  Respond to of 61433
 
G, Richmond:

You may not want to put salt over the wounds of those who are in at $40+ or more! Because there are a lot of us here (and out there) with that price entry. I entered at $46.5, then averaged down at $40 and $32.5 and currently my average share price is at around $40. I want to average down but this stock has given me the chills and it has been perhaps the worst stock I have ever owned (not just because of its price - it is expected with high-techs - but simply because of ASND's horrible handling of public relations).

So what is your average price (if any)? It is truly interesting when a stock is going up you hear from people who claim they have been in the stock since it was 100% lower! And when the stock is going down like ASND all of a sudden you hear from people who claim they have been shorting the stock since it was at $80!!

Regards,

Addi Jamshidi