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


To: Harold S. who wrote (25165)12/2/1997 11:00:00 AM
From: vegetarian  Respond to of 61433
 
>>Ok here is my dilemma...I dumped my ASND today and jumped inot Cs with both feet at 17 5/8. Was this sheer stupidity or do i have a chance to save my ass?? Which is the better play for the next 2-3 months??<<

CS is cheaper than ASND but its prospects are as badly scrod as ASND's for the next few Qs.
Also there is a possibility that it may see still lower levels in the next few days (that is why I was tempted to compare it to SHVA).
It may be the right move but hard to justify logically at this point, that is you may have possibly blundered into the right move.
Good luck