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

To: Fen Rhodes who wrote (45393)	4/26/1998 12:12:00 PM
From: DHB	Respond to of 61433

Fen, Gratsi- lesson learned and filed. As far as 44 and holding, if you have rode this horse this long, the best is probably still to come, but there are others more tuned in than I . Hope you get more opinions to choose from. DHB

To: Fen Rhodes who wrote (45393)	4/26/1998 8:09:00 PM
From: Roadkill	Read Replies (1) \| Respond to of 61433

>> I'm in at an average price of $44 and an wondering how far to stay with it on this run up. Any thoughts?<< Depends on your investment philosophy. This current market has thrown concepts of valuation out the window, so I look to sell based on technical factors. Heck, fundamental analysis would have scared me out of YHOO in the 50s. I never like to sell a stock in a strong uptrend, as ASND is currently in (BTW, I consider a basing stock still in an uptrend so long as resistance points aren't violated on big volume, or violated for more than a few days, and relative strength stays strong). Even with the imminent correction, ASND is likely to hold up better than most stocks. I hold a decent-sized position, but haven't sold a share. I'll start selling when (1) relative strength begins to lag; or (2) the stock becomes substantially overvalued, goes parabolic, etc. Good luck.