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


To: Douglas V. Fant who wrote (22050)11/8/1997 8:18:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 61433
 
I make no guess as to where ASND is headed overthe short-term- but I'm going to stick around and see what happens.... Douglas, I do not know where ASND is headed either. I have found that patience is always rewarded when the company in which one is invested makes money. Not true with those that are losing money. I will maintain my positions in ASND, COMS, etc. until I have a decent return on my investment. I feel confident that will occur in time. The networking sector is so volitile that "in time" is like six months instead of a few years as it is in other sectors. The only time I invested in a "blue chip" was Westinghouse I believe around 1990. They lost billions on investments in commercial real estate. I exited them and they are now finally back to where I had entered. I do not have that kind of patience. I will stick with the tech sector. Glenn