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


To: Jan Crawley who wrote (34497)2/12/1998 2:04:00 AM
From: uu  Read Replies (2) | Respond to of 61433
 
Hi Jan,

Yes now of course I wished I had bought more that day (about 3 weeks ago) at $28.5. But oh well...

Right now I am too busy kicking myself for selling my ELNK shares too soon! I had bought the stock at $18.75 back in December, then sold at $25.75 in January. Bought back fraction of what I had sold in January at $33, sold at $36, Bought back a fraction of what I had sold earlier (at $36), at $34.5 just the day before yesterday on a speculative basis, and sold this morning (out of panic that profit taking may start to kick in) at $44.5! If I had only hold on to my original shares I had bought at $18.75 (5K shares) back in December and had not sold out too soon I could have been a real happy camper now. I am going to be a dad in about 6 months and looking for a house to buy in Los Altos (Silicon Valley) and the money sure would have come handy! The homes in Los Altos (or for that matter anywhere in Silicon Valley) seem to only recognize the sky as the limit!

Nevertheless I am a happy camper and ELNK has been nice to me, but I always want to be happier! Hopefully ASND will put a better and bigger smile on my face soon! I want to buy back my ELNK shares again but the valuations are outragously high and I do not seem to find the "guts" in me to buy the shares (even a little and on a speculative basis) at the current price of $46.5!

Regards,

Addi Jamshidi