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


To: Mark Duper who wrote (49355)6/29/1998 11:55:00 AM
From: Neil H  Read Replies (1) | Respond to of 61433
 
Mark

ot

I am not a day trader but thought Rambus would be a good one to play due to the wide daily fluctuations. I usually hold for 1 month to 3 years or so until I feel the stock is fully valued. Rambus I got lucky. I had noticed it shoot up in a matter of days 10 to 30 points. It then recycled down for the next month. I just thought it might have hit near low and picked up in low 30's. got lucky as it shot up within 3 weeks. It may keep going this time if news keeps coming and good earnings report, but I will not chase it. I will rebuy if it goes to low 40's or 30's again. I generally buy what I considered undervalued stocks. To give you an idea of what I have and think will go within the year are: AMAT, JBL, ASND, COMS, BAY, SMOD, LSI, ANDW, INTC, CPQ, QGLY, BA, QWST and ORCL. Except for LSI, most were bought at reasonably low prices. I then wait until they are valued and sell.

Best of luck

Neil