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


To: Terror who wrote (21982)11/7/1997 7:23:00 PM
From: Captain James T. Kirk  Read Replies (4) | Respond to of 61433
 
Was this Gondi stock the market share leader ??? Where they a multi-billion dollar Co. ? Did their products win awards ? Did they get any major contracts ? I don't see ANY similiarities !!



To: Terror who wrote (21982)11/7/1997 7:30:00 PM
From: mark alan rosenberg  Read Replies (1) | Respond to of 61433
 
Marcie,
I sympathize with you. I had a similar experience this summer on
a low priced security, and lost a lot of money.
But, ASND, is different than Gandalf. Gandalf has always been
debt leveraged, has never had any serious cash flow, and had
mostly negative quarters.
ASND, has great cash flow, is readily adapting their technologies
to the future fits, and is totally debt free while approaching
$600 mil in the bank. Not bad.
Mark



To: Terror who wrote (21982)11/7/1997 7:33:00 PM
From: garrick le  Respond to of 61433
 
Please,do not even try to compare Gandalf vs Ascend.Ascend is a bona f
fide business with strong balance sheet and a highly profitable
company with leading edge technology and number one market leader
in remote access equipment gear.
Short term the stock has a bearish trend but long term fundamentals
are solid and bright.
Gandalf does not deserve to be mentioned in the same class with
Ascend in any of the above categoties (profitability,technology,
market leadership,etc).
Fear is what has been driving this stock down severely the last
2 months.Next year when fear vanishes and greed comes in,Ascend
will be a 2 or 3 baggers.

GL



To: Terror who wrote (21982)11/8/1997 2:30:00 PM
From: sea_biscuit  Read Replies (1) | Respond to of 61433
 
**OFF-TOPIC** RE: >>investing in boring stocks like P&G, MOB

From my perspective as an individual investor, I feel that investing, when properly practised, is a reasonably boring activity. It is only when one practises it improperly does he/she get into exciting situations! :-) And more often than not, the excitement costs you money rather than make you money!.

Whenever I see people at social gatherings hogging the limelight with talk about how they discovered the latest hi-flying hi-tech razzle-dazzle stock, I always ask that they should check for themselves, the performance of their entire portfolios over a period of 3 years or so, accounting for taxes, commissions, magazine subscriptions etc., and find out for themselves if they outperformed the Coward's Portfolio (a 50% stock index, 50% bond index portfolio -- details available at scottburns.com).

And guess what? Most of the time they don't get back to me! I wonder why? :-) Maybe many of them do not even have the courage to go through the exercise that I suggested, lest they realize that all their frenetic activity is not helping them any, if not actually hurting them.

>>PS Please look up the old Gandf thread and see the similarities. People seem to loose their manners when loosing money.

Can't blame them, especially when I have flown off the handle even when I haven't lost any money! :-)

Dipy.



To: Terror who wrote (21982)11/11/1997 8:50:00 PM
From: tante  Respond to of 61433
 
Marcie, you are not alone on GANDF mishap. I bought the stock at $3.45 and I have about 20K that worth nothing at this point. I am much amased that the company allowed the stock to go down this way. I am also concern about the selling of the part of the company and since then we have not heard a single word from GANDF team. I think the government should step in because some companies are just selling off and they do not care for their loyal investors. I will appreciate it if there is a positive news out there that any one could share with the rest of us. Best of luck to all GANDF investors.