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

To: Darren who wrote (46406)	5/9/1998 10:02:00 AM
From: Edward J. Edwards, III	Read Replies (2) \| Respond to of 61433

Wow, thanks for all your insight on asnd. I will sell immediately on monday so I dont lose the gains from 24 to 45 per share I have. I did not realize that my capital was tied up into a company that had such poor future prospects. The last 21 dollar run must have been luck!!! Maybe you could give us all your phone number so we can clear all of our investment decisions through you before we make such foolish decisions. NOT, get a life.

To: Darren who wrote (46406)	5/9/1998 10:42:00 AM
From: Sector Investor	Read Replies (1) \| Respond to of 61433

<<Finally, if you keep listening to analysts, you will end up with less gray matter than I currently have. They aren't really analysts, they are underwriters. They have a reason to upgrade/downgrade a stock, and it's not to make you money. Stop watching CNBC, start reading EDGAR. It doesn't get any simpler than that.>> <<As for "the loss in the current quarter," it was part of the last earnings report that this quarter would be much like last quarter. I still haven't found the source story, or I'd post it.>> Keep looking - it's a great use of gray matter.

To: Darren who wrote (46406)	5/9/1998 1:42:00 PM
From: lizardK	Read Replies (2) \| Respond to of 61433

<<BTW, I rarely hold a stock longer than 90 days, and I make about 100% per year on my money. >> Darren, Congrats! on your superb investment performance. I think that we should all come to you for advice since your performance beats heck out of 99.9% of the experts! <<LOL>>

To: Darren who wrote (46406)	5/9/1998 2:39:00 PM
From: gbh	Read Replies (1) \| Respond to of 61433

What makes you think I'm short? I have never publicly stated I was short ASND. Message 4230256 We allow honest mistakes here, but lying is a no-no. Maybe you covered (wisely), but it seems you were short, and probably still are, considering you are still here on the thread, while many of the other shorts that frequented here have packed there bags, looking for greener pastures, no doubt. And no, I don't find a correlation simply between a negative PE and a short position.I believe if you read the message, it was a "simplistic" reference to the first reason the stock isn't going to the moon. Well, I do agree with you on this. It was "simplistic", although that would not be the word I would characterize it with. And a price rise to the 50-60 range from 45 is hardly the moon. And, by your definition, I couldn't be short because I don't have any gray matter. Actually, I never said you were short. I stated "... I sure hope your not making a short play based on this nonsense." And I went on to say, a short play based on a negative trailing PE is stupidity (here's where I used the gray matter analogy). I also never stated you lacked gray matter. I did absolutely question the gray matter mass of person who shorts any stock based on a trailing negative PE (especially one that resulted solely from an acquisition charge of an anti-dilutive purchase). But wait, you are not short(????), so how could you possibly have taken this personally? You should have agreed with me. Come to grips with a different reality, man. You are in euphoria. Yes, I guess I am somewhat euphoric right now. I'm quite profitable on this stock, after being in the red for a long time. And if I didn't like the picture going forward, I would sell and move on. Thats my reality. I still don't know yours. It is a human emotion that allows people like me to make a lot of money based on your desire to predict the future. As long as humans invest and computers don't create a perfectly balanced market, I can take advantage of your's or someone else's weakness -- and that current weakness is thinking that this stock will go up and not come down. My future is longer than the next tick. I have nothing against a person who can successfully scalp ticks. I can't. And generally speaking, those who can, don't waste time around here. And as for my weakness being the thought that this stock will go up and not down, it seems more and more investors/scalpers/etc. are agreeing with me than you right now. But this must give you great comfort, if you truly believe in your stated philosophy. BTW, I rarely hold a stock longer than 90 days, and I make about 100% per year on my money. I sincerely hope you haven't been short ASND for 90 days. Congratulations on your 100%. I hope your being honest about this. That also means I'm smart enough to know that a two year growth PREDICTION is just that. A prediction. If you trade on that information, you are just giving your money away to the other side of the equation, paranoia Most people here, and more and more in the investment community don't believe these predictions either. They think they are too conservative. It is pretty much accepted right now that ASND management is playing it close to the vest concerning future quarters. And if you don't know why, well, I'm not telling. :) Finally, if you keep listening to analysts, you will end up with less gray matter than I currently have. They aren't really analysts, they are underwriters. They have a reason to upgrade/downgrade a stock, and it's not to make you money. Stop watching CNBC, start reading EDGAR. I only look for analysts to hopefully confirm my investments. Hopefully I get in before the masses. Sometimes I do. Sometimes I don't. I don't watch much CNBC, I work for a living. And I do read EDGAR, and can read a balance sheet, and ASND's current filings say nothing about... As for "the loss in the current quarter," it was part of the last earnings report that this quarter would be much like last quarter. I still haven't found the source story, or I'd post it. Darren, keep looking. But promise me one thing. You won't post here again, until you find it. Just kidding. I welcome your opinions, and just hope that all shorts are as well informed as you. :) Gary

To: Darren who wrote (46406)	5/9/1998 9:04:00 PM
From: Nick Kuritzky	Read Replies (2) \| Respond to of 61433

<BTW, I rarely hold a stock longer than 90 days, and I make about 100% per year on my money. That means your yearly estimate is "old news." That also means I'm smart enough to know that a wo year growth PREDICTION is just that.> Darren, you are an amazingly savvy investor with a keen insight into the workings of the market. I really admire you and respect your financial acumen. I often read your postings repeatedly so as not to miss any of the valuable nuggets of information contained in your carefully crafted statements. Good call on ASND on Friday! Where did you develop such sophisticated analytical skills? As a history major in the hallowed halls of Arizona State University? I am sure GSCO and many of the other Wall Street players would love to hire someone who could bring them 100% annual returns, but I know why you turned down all of the job offers. Anyone generating such returns would quickly become prisoners of his own inertia- kind of like what happened with the Magellan fund. At the very least, you should consider writing a book.