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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn D. Rudolph who wrote (12588)	8/4/1998 10:11:00 PM
From: Jan Crawley	Respond to of 164684

Glenn, Congrats, congrats, do it again!!

To: Glenn D. Rudolph who wrote (12588)	8/5/1998 2:10:00 AM
From: zax	Read Replies (1) \| Respond to of 164684

-> OTOTOT <--> ASND <-- Glenn: I must, most respectfully, disagree with a long position on ASND for the next quarter or so. I would be long term long on ASND, but I think it has a potentially big downside right now. IMO some significant costs associated with its recent acquisition will impact its next quarter's numbers. I would like to buy back into Ascend myself. I just happen to think the buy back price is going to be in the 30s. I have made over 220% on Ascend in the last three years, being a believer in the company, but also believing that to expect more than 130% gain in per year without a good pullback, bucks this stocks historical performance trend. I hold out the possibility that ASND, having been added to the S+P 500 this year, could shed this historical behavior it has exhibited and calm down. But I wouldn't back this theoretical possibility with my money at this time. Again, I will happily be back on board, in the 30s, so don't get me wrong. I do love ASND, its long term prospects, and its products. Coming at you from dogzax.biz1.net on an Ascend Pipeline 75 ISDN Router... Zaxbowow