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


To: sepku who wrote (34467)2/12/1998 12:05:00 AM
From: Sure Thing  Read Replies (2) | Respond to of 61433
 
>>>[Capital Group] just increased their position by 1,779 percent<<<

>>>Bullish!<<<

Will this thread be as bullish if the NASDAQ heads south next week
and the MM's muscle the stock back to 30? I surely hope so! You can
count on my Bullishness. My buy orders are in!

How many investors do you know that purchased ASND above 40? A whole
bunch of them? And how many of them will not consider buying more
to lower their average base price? I personally have had conversations
with 4 of these people since December. They all suffer from the
classic fear "I will be throwing good money after bad". However,
if you ask what their selling price is, they will say "I'm holding
until 60 to get back my original investment plus 10%"! Jeeepers!

Hey!! If you have been reading this thread and your average price
is high, then do yourself a favor and do the right thing before
this baby takes off. (IMHO)

- Sure Thing -