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


To: pat mudge who wrote (39709)3/18/1998 12:38:00 AM
From: Jack Colton  Read Replies (4) | Respond to of 61433
 
Just a combined effort where we all agree to move our positions in unison at mutually agreed upon price points. That would give us a "single voice", and hopefully an entity that might yield some influence.

Is this feasible? I'm game if there are enough others here that are willing to pitch in. But I'm NOT a big fish myself. I feel the collective would help me, even though I might lose some freedom to make my own snap decisions.

It is just a thought. I do not know how to put together the details. I guess I would allocate X number of shares to our "ASND Collective", and let the collective decide what to do with those shares during the period of my involvement.

Since we all have different investment objectives, something like this may not be feasible. I prefer to maximize income... but as you know, that can be quite costly at tax time. If I wanted to maximize long term cap. gains, I would act differently.

But I think everyone could fit into one of those two viewpoints. Maybe we need two collectives, or just one trying to maximize income, since long term would not benefit as much from a collective.

What do you, and what does everyone else think?

Jack