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


To: George Coyne who wrote (32751)2/1/1998 5:46:00 PM
From: Jan Crawley  Read Replies (2) | Respond to of 61433
 
-- OT --

Hi George:

Good luck to our CYMI shares. However I do have the following thoughts:

1. Looking back we may have learned a lot from the ASND experience and ready to benefit from it. ASND was facing the dreary questions of UNCERTAINTY during 4q97 but IS FACING THE NORMAL QUESTIONS OF how much opportunity (price appreciation) do we have from here.

2. During the uncertainty period, one can utilize TRADING as an effective way of lowering the cost base. Is CYMI in the uncertainty stage and for how long ??

3. I would have traded a portion of my ASND shares during 4q97 but it was late in the year and tax-sell wash rules was in the way.

4. Embarassingly I started by trading 500 shares of CYMI once for a $1K gain. Last week before earnings I went into again and bought 600 shares. I plan to cummulate and trade at the same time.

Those are just my thoughts. Love to hear yours. Please note that you can be sure that you know a lot more about CYMI than I do.

Regards, Jan