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


To: hitesh puri who wrote (28983)12/31/1997 1:20:00 AM
From: Immi  Read Replies (2) | Respond to of 61433
 
Glen/Hitesh/Gary,

Folks I have been in ASND for 8 months now, and CSCC for
about 1 year (then into ascend). I have averaged down from
58 (for ascend). I added to my position to about 39 my average
price. I am kindda getting tired waiting for a turnaround.
I hope ascend beats estimates (the reduced ones) and the stock
climbs up real soon as my patience is wearing thin.

Seems like I am suffering in COMS to. My average there is
49, averaged down from 70. I have held COMS for 1 year now.
It seems that COMS/ASND which have stronger growth prospects
than CSCO have failed to execute. CSCO on the other hand
plods along and shows consitency...

Looking to recover some of my losses, and diversify it
into CSCO on some weakness.

Anyone out there holding ASCEND/COMS as long as I have?.
I have devloped ulcers with these too.
Happy New Year, Regards, Immi