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

To: ricky who wrote (50807)	7/30/1998 7:25:00 PM
From: djane	Read Replies (1) \| Respond to of 61433

Ricky, I'm a buy-and-holder from $27 and recently bought more long-term holdings between 48 5/8-50 7/8. I don't need to trade for a living right now so I'm more interested in researching companies, reading a ton every day, following the markets and becoming a better daytrader through occasional forays. I do respect the traders who sold at 54-55 and rebought at 49.

To: ricky who wrote (50807)	7/30/1998 9:56:00 PM
From: Mark Duper	Respond to of 61433

< but the rumor shook me out of the stock at about 50 today. > Ricky, I was very close to selling myself. I know ASND will be fine in the long run, but I can't afford to have a 6 month pullback because of another acquisition. I've seen a lot of guys on this thread rejoicing lately because they are finally back to even (in the 50s). I 've made a lot of money in ASND and I have over 1/2 my holdings in it presently, but what happened last summer makes me think. Also, what scares me is that everyone and their grandmother is bullish on ASND. I think I might lighten up soon. Have a good night. 85.