Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Peter Yang who wrote (38707)	3/10/1998 6:12:00 PM
From: emil	Respond to of 61433

Peter, why so nervous around this time of the year? seems like there are worse times to be holding, or better times to be in cash??

To: Peter Yang who wrote (38707)	3/10/1998 6:53:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 61433

I agree and that's why I'm worried. At this rate, the DOW will reach 10,000 in two months (assume about 35 points per trading day). I sold all my holdings today and I'm on all cash now. Staying in the water during March and April always makes me very nervous. I'll buy back my ASND if (maybe a BIG if) it ever drops close to 30 during these two months. Meanwhile, I want to say good luck (sincerely) to all others who are still holding. Peter, I have done some shorting of YHOO and AMZN along with a bear spread on AOL. Hedging the situation as best I know how. Glenn