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


To: PATRICK MCMONIGLE who wrote (23059)11/12/1997 9:37:00 PM
From: Johnathan C. Doe  Read Replies (3) | Respond to of 61433
 
Patrick, for anyone thinking of getting in now, I just tell them, wait a little while longer, then get in. I don't short stocks. I wait for great oversold entry points, I buy low and sell high. That is an odd way of investing, don't you think? Most people are hyped into buying high and selling low when they are negatively hyped. They get scared out. They bought high and so that might be for the best. The stock often goes even lower. Ascend at a P/E of 8, that would be something to shoot for. Never buy on margin either, not wise. Don't need to either.