Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Pat Hughes who wrote (57184)	11/13/1998 9:34:00 PM
From: Gary Wisdom	Respond to of 61433

OT Pat, you want to talk about faith? I started Ciena at $29 and bought every few dollars or so down, all the way to my last buy at $8 3/16. I bought CMGI initially at $84 and averaged down to $35 (no, not every few dollars). Both are gone with profits, however, of course, sold both too quickly. Averaging down doesn't always work for sure, and it's probably stupid, but I doubt I would have seen Ciena at $29 anytime soon, so I'm happy with it. You gotta have faith.