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


To: charger who wrote (54948)10/1/1998 12:15:00 PM
From: Mark Duper  Read Replies (1) | Respond to of 61433
 
I think you can make a point here. I wouldn't get too greedy, though.

Sup.



To: charger who wrote (54948)10/1/1998 1:35:00 PM
From: James A. Shankland  Read Replies (1) | Respond to of 61433
 
[Re: "What did you pay for the November 45's?"]

4.25...have we hit bottom?

Heh. Let's see. So unless ASND gains 20+% over the next 32 trading days, you lose money?

Well, Lord knows it could happen -- you're not completely nuts :-). But in the current environment, I'm not betting on a 20% increase in anything over the next 6 weeks.

Nothing personal, and I hope it pays off terrifically for you (in which case, I win too, as I'm long ASND). I'm just not optimistic, short-term (and 6 weeks, in my lexicon, is short-term).