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


To: Gail who wrote (22388)11/10/1997 4:21:00 PM
From: Bald Eagle  Read Replies (1) | Respond to of 61433
 
<<There is nothing worse than paying Uncle Sam!>>
I have to disagree. How about having a capital loss of over $3,000 and
only being able to apply $3,000.00 towards tax reduction. Also, how about having a capital loss in a tax sheltered account (e.g. IRA ) where you can't write off any of your losses. At this point in time, I would love to owe some taxes due to my investing this year!



To: Gail who wrote (22388)11/10/1997 4:41:00 PM
From: mark alan rosenberg  Respond to of 61433
 
Gail,
Why are you asking about a buy opinion from this guy? He's isn't
graduated from college yet. He's been rubbing in the fact about
the stock price going down, for a while on this thread. Everytime
there is a tick down, he's there to report about it.
What I suggest is buy at this level, with the idea we go up 5 or
down 5. So, if you want to buy, get in, and keep some cash reserve
for a 3-4 point drop.
Mark



To: Gail who wrote (22388)11/10/1997 8:29:00 PM
From: Chi-X  Read Replies (1) | Respond to of 61433
 
Gail, I'm not going to try to find the bottom. I'm just going to wait until the market starts moving upward and jump on board. I may not even jump into ASND. I see better stocks getting battered with better future earnings potential.

As for selling, that's up to you to decide. I personally think we're close to a bottom but I'm not going to make any price targets since ASND has proven all bottom fishers wrong on this thread. Good luck!


Cherio,
Chi-X hath Spoken!

"There shall be no wine, before its time."