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


To: Peter Yang who wrote (22756)11/11/1997 9:47:00 PM
From: Pullin-GS  Read Replies (1) | Respond to of 61433
 
Electrolosys <VBG>



To: Peter Yang who wrote (22756)11/12/1997 1:43:00 AM
From: sea_biscuit  Read Replies (1) | Respond to of 61433
 
You're probably right that ASND is not out of the chair yet. However, the barber now has no idea what to use next. A clipper won't work since the hair left is too short. A razor?

Oh, no! Not a razor! If this stock gets clean-shaven it may turn into a monk and spend the next "Seven years in Tibet"! :-) Even I wouldn't want that to happen. Just a little lesson to momentum investors would be more than enough.

Btw, my friend (who did the "buy high, sell low" routine on Ascend, i.e. buy at 54 and sell at 27) seems to have learnt his lessons pretty quick. Today, I got an email from him asking me about the Dogs of the Dow...

Dipy.