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

To: Pat Hughes who wrote (34275)	2/10/1998 5:44:00 PM
From: Sowbug	Read Replies (2) \| Respond to of 61433

The biggest mistakes any of us individual investors make is selling to soon. I have made this mistake over and over again. In Reminiscences of a Stock Operator, there's a great anecdote about this guy named Mr. Partridge who's supposed to be a successful long-term investor, and his words of advice are always just "Well, this is a bull market, you know!" He gets a hot tip, buys, and then gets another hot tip to sell, but he doesn't. His reason why is essentially that he can't afford to sell, because "well, this is a bull market, you know!" The lesson: don't fight the tide -- if it's a bull market, it's going to keep going up until it isn't a bull market anymore. Excellent book, by the way.

To: Pat Hughes who wrote (34275)	2/10/1998 6:02:00 PM
From: Bald Eagle	Respond to of 61433

<<Mory joked at a conference last year that he would sell for $100.00 per share. I really didn't think he was joking!>> Just FYI, he sold some for thirty something very recently.

To: Pat Hughes who wrote (34275)	2/10/1998 6:11:00 PM
From: Jim Lou	Respond to of 61433

>>I think the stock will be back at 80 by next year<< Pat, ASND seems less efficient than BAY, as I have compared their performance for quite some time. Nonetheless, ASND is going up and keeps going up. What else does one expect? I am going to hold this stock for a while, when it reaches 80 I will sell it. And, when it comes down to 23 again, I'll get back in. Yeah...I know what to do now.

To: Pat Hughes who wrote (34275)	2/10/1998 6:42:00 PM
From: Maverick	Read Replies (1) \| Respond to of 61433

I PLAN TO HOLD MY ASND FOR AT LEAST ANOTHER YEAR. The biggest mistakes any of us individual investors make is selling to soon. I have made this mistake over and over again. Far too much potential here. Amen ! Knowing what I know. my average price is $32 1/4, bought after the pre-anouncement for I think ASND will be back up on its feet, though the rug was pulled from under in late Oct mkt crash. I firmly believe that the 2H98 is pretty strong if not the 2Q98. IMHO, ASND has execellent upside potential from here. I refrain from setting a price target for there are others who already did or will.