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


To: Glenn D. Rudolph who wrote (27433)12/10/1997 6:52:00 PM
From: polarisnh  Read Replies (1) | Respond to of 61433
 
Glenn,

I am seeing the same thing that you are! Which is fine with me. I have averaged down to $29.75 and will take any additional weakness to pull my average down as much as possible. Be patient people and don't get far out on margin. I was sweating bullets myself in late October! I really don't care if ASND is acquired, there is enough volatility in this stock for it to shoot to $40 in one week just because everybody is afraid to miss the surge.

I don't day trade but I do alot of short term action with a few beauties (ASND, PAIR, WSTL, AMTX, LSI). Overall, I can't complain!

Cheers,

Steve

P.S. Gary Korn - Fantastic work on your research project!



To: Glenn D. Rudolph who wrote (27433)12/11/1997
From: sepku  Read Replies (1) | Respond to of 61433
 
>>>There has been a lot of discussion about Ascend holding. I see it droped twice the percentage of the NWX. Not exactly holding as I see it.<<<

I suppose that after you've officially been an ASND veteran for any significant length of time, you tend to regard 1 - 1.5 point drops as mere annoyances. Hell, many of us have rode at least some of our shares down from the 40s, on days when the stock fell a half dozen points! I've learned to wear a thick skin when it comes to ASND these past few months...

In the immortal words of Monty Python: "It's only a flesh wound!" ;o)

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