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


To: George Coyne who wrote (57182)11/13/1998 9:10:00 PM
From: Pat Hughes  Read Replies (2) | Respond to of 61433
 
Faith.....
Get this:
I bought my first 500 at around 55 last July 1997 because the stock had dropped from 80.00.

I kept buying, all the way down to 22 3/8. (Dec 97')
I kept buying all the way back up.

I'm still holding all.
Pat Hughes




To: George Coyne who wrote (57182)11/14/1998 12:53:00 PM
From: Nazbuster  Read Replies (1) | Respond to of 61433
 
George, I was so convinced of Ascend's quality and future, I sold 400 shares at a big loss -- I originally had 1000sh -- when the stock was far down and used the funds to buy LEAPS at 30 and a few at 40. I sold them all the first time ASND hit 49 a couple of months ago.

This company understands communications and has shown it knows the right moves to keep in front of the technology. So far, they are doing real well on the marketing/sales, too, much UNLIKE my big dog PAIR.

I love the runups on rumors, but I'd much rather it just keep growing steadily. But then, if it did that, we'd lose Tim as a visitor and I like Tim and want to keep him entertained with ASND's volatility! I have to admit buying AND shorting it in my trading account while holding it long.