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


To: George Coyne who wrote (42633)4/7/1998 3:45:00 PM
From: Todd DeMelle  Respond to of 61433
 
A little early to know for sure, but aren't you glad now you didn't let yourself get "shaken out"?

It is certainly encouraging to see ASND well off its lows today.

Normally I wouldn't be so anxious, but I've got some margin exposure that I'm ready to get out of and that closing out of ASND will cover. The question for me has been whether it will be worth it to wait until after earnings. I've made my bet now. I'm beginning to find out just what kind of stomach I have. <g>

If the conference call is encouraging, I just may hang on for another quarter. Last CC speculated the second half of this year should involve increased (double digit) q over q growth... and it wasn't all that long ago that I never thought ASND would drop below 40.

Good luck to us both.

Todd