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

To: devil ray who wrote (43667)	4/10/1998 6:12:00 PM
From: Mark Duper	Respond to of 61433

Hey Devil Ray, Do you know of a site that shows trading overseas? Thanks

To: devil ray who wrote (43667)	4/10/1998 6:41:00 PM
From: OldAIMGuy	Respond to of 61433

It was about 6 months ago that I decided to invest in Ascend Communications (ASND). It was way off its previous high and was suffering from a poor quarterly report. As usual, I came to the party too early and had my work cut out for me! I thought it would be good to review the performance to date. The initial purchase was 1500 shares at $32-1/8. That price was less than 1/2 the previous high. Here's the list of buys: Bought 1500 @ $32-1/8 bought 100 @ $27-1/2 bought 100 @ $26-7/8 bought 300 @ $23-1/8 bought 100 @ $23-3/4 Intermingled with these buys were some sells: Shares Sold LIFO Gain FIFO Gain 100 @ $32 34.7% -1% 100 @ $32-5/8 41.0% 1.6% 100 @ $34-1/2 49.2% 7.4% 100 @ $36-1/2 57.8% 13.6% 100 @ $38-7/8 44.6% 21.0% 100 @ $41-9/16 51.1% 29.4% After all that activity, I still have 1500 shares, my cash reserve is still 33% of the total, and the overall account is up 29% (and so is the stock price!). So, I've achieved what the Buy&Hold investor would have, but with much less average risk for the period. The cash reserve started at about $24,000 and it ended at $31,000. Along the way, it fell to as low as $11,700. So I managed to make good use of the initial cash reserve and since, it has kept pace as the account has recovered and grown. The graphs of this activity can be seen at: execpc.com Best regards, Tom

To: devil ray who wrote (43667)	4/10/1998 6:48:00 PM
From: The Phoenix	Respond to of 61433

Devil, Well remember the adage, buy on the rumor, sell on the news. The news is out..... I don't think we'll see anything near 50. To get 50 ASND would have had to blow the numbers out significantly. IMO Gary (not Korn)

To: devil ray who wrote (43667)	4/10/1998 7:17:00 PM
From: username	Read Replies (1) \| Respond to of 61433

Hey, Ray! What is the purpose of announcing that the stock will go down, (no opinion; an announcement) Message 4017977 and then one day later, (while the NASDAQ is closed) announcing that the stock will go up? Message 4028447 Do you see that you might appear to be flaky? Why are you on the thread? Do you want to add something of substance, or do you just want to see your name on the screen? Ray, do you own this stock? How about answering my question for starters... Message 4027476