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


To: blankmind who wrote (37293)3/3/1998 12:59:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 61433
 
Blank, Do you mean from, or not from large institutions.

Jan



To: blankmind who wrote (37293)3/3/1998 6:22:00 PM
From: A. Fineigler  Respond to of 61433
 
Blank,

I think you're right about people selling to lock in profits or take a small loss. I'm probably typical in that regard - got nervous at the rate of ascent of the price in recent weeks and put in some fairly tight stop-loss orders which were triggered yesterday.

I had intended to hold long-term, but lost my nerve when a buddy in the networking business told me he didn't think much of Ascend's future (see earlier post). He's probably wrong, of course, but anyway it rattled me into locking into current prices. The one thing I do know is that I personally have lost the pulse of the networkers market, so bailing isn't such a bad thing.

Best of luck to those of you who understand the networking landscape better than I and are holding Ascend.

AF