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

To: thebeach who wrote (45442)4/27/1998 11:19:00 AM
From: Greg h2o  Respond to of 61433
 
FWIW and for the record...I'm out at 40 5/8. This does not reflect my belief in ASND for the long-term, but rather my need to raise cash in this market. I also own MRVC and did not want to continue to hold both companies. As my positions in ASND were at 23 1/2 and 32 1/2, I feel it is time to take some profits off the table. I am looking forward to some possible reentry points. Also, if the market stabilizes, I will look to reestablish my position. Good luck to all of you who remain long, as I think money is there to be made. I just think the "easy money" has to be taken off of the table for my more conservative accounts.
regards,
greg



To: thebeach who wrote (45442)4/27/1998 8:49:00 PM
From: Darren  Respond to of 61433
 
Re: "Darren: You had better cover soon.Once the clear heads take over this market,it will storm back and since ASND is hangin in quite well it should be one of the first to excelerate to the mid 40's."

Next tick = DOWN!


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