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


To: Tim Luke who wrote (26193)12/5/1997 10:07:00 AM
From: Greg h2o  Respond to of 61433
 
I would think the main question should be does anyone really think this company over the next 12 months, whether bought out or not, is only worth $32? Nobody who holds through this is being greedy. Some investors actually have a longer-term view than day-traders. Day-traders are gamblers--I'd prefer to invest.
regards,
greg



To: Tim Luke who wrote (26193)12/5/1997 10:08:00 AM
From: alvin ung  Respond to of 61433
 
Hi Tim,
As a daytrader, how do you keep track of your buy/sells for tax purposes? Do you set aside some of the profits for future taxes? Also are day traders required to pay quarterly taxes as people who work for themselves do? Thx for the info. :)
Alvin



To: Tim Luke who wrote (26193)12/5/1997 10:24:00 AM
From: craig crawford  Read Replies (1) | Respond to of 61433
 
<< These deals are never this easy and asnd will desend again before anything is
complete.
USRX-USRX-USRX >>

USRX and COMS---Two losers getting together...

LU is not a loser...



To: Tim Luke who wrote (26193)12/5/1997 10:58:00 AM
From: sepku  Read Replies (2) | Respond to of 61433
 
>>>Take my advise and sell sometime today, wait for it to go back up around 32-34 and get the hell out.<<<

Take your advice? Let's examine two calls you made yesterday:

This from: Message 2873040

>>>But when they fall short and the stock is still below 30 3-4 months from now everyone will start crying lawsuits.<<<

Wow! 24 hrs, and ASND is over 30...that was a brief 3-4 months!

This from: Message 2879338

>>>This stock could get pulled down 3 points before the opening tomorrow and it won't be the big boys who will get hurt it will be all the little guys who bought today 25 and above trying to play a rumor.<<<

Nope! Stock is up 5 points on heavy volume. Looks like anyone who avoided your advice and bought at 25 yesterday, could sell today around 32 for a fantastic 28% return in two trading sessions!

More results of your predictions after the closing bell...I do want to be fair, you know. ;o)

Style Pts.