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


To: Pat Hughes who wrote (42018)4/2/1998 7:55:00 PM
From: Bat5454  Read Replies (1) | Respond to of 61433
 
Pat - I agree completely, but I can sympathize with the sellers. I too have been under water (deeeeep water) with ASND for a long time. The tendency is - once you're back to even or even up a bit, get out. & consider yourself lucky to avoid a loss. However, I'm sticking, cause I see a lot more upside potential long term & will use mental stop-loss to avoid riding it back down (course we all know that's not going to happen again, don't we).

Best regards
Bruce Taylor



To: Pat Hughes who wrote (42018)4/2/1998 10:05:00 PM
From: gbh  Respond to of 61433
 
Pat, have to agree 100% with you. I would bet that most of us who had been down big on ASND, were virtually shaken out on the recent plunge to 30-31 after the first 38 run. I know I was on the trigger a few times to completely bail down there close to 30, and just move on. Was a character building experience to say the least. But now I'm up as are many others I'm sure, and feeling awfully good. A few more points of cushion would be nice though.



To: Pat Hughes who wrote (42018)4/2/1998 10:36:00 PM
From: MMW  Read Replies (1) | Respond to of 61433
 
Hi Pat,

I like your comments here. I am holding a sizable ASND shares. I also
notice that the institutions holding on ASND is quite low, somewhere
around 30%. Most share holders on ASND are individual investors. I
would expect once ASND proves their strong earning potential those
institutions will come back in a big way. Hold on to the ASND shares
you have, don't in a hurry for taking a little profit.

Cheers,
Mike