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

To: Sure Thing who wrote (46980)5/15/1998 2:15:00 PM
From: Sector Investor  Read Replies (1) | Respond to of 61433
 
Nope. My style is to buy low and not chase up - period.
I'm sitting on my limit with an average right at $22.

The only way I buy more is if I sell some first higher and can buy back lower. This is MY discipline - learned from when I thought ASND at $38 in Spring 1997 was a steal.

From here I only 1) play the cycles, 2) sell covered calls, 3) buy at $22 or less (won't happen, IMO), or 4) buy other options periodically


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