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


To: JH who wrote (59594)1/28/1999 12:27:00 PM
From: Mighty Mizzou  Read Replies (2) | Respond to of 61433
 
Have you mortgaged your house yet to make your bets accordingly?

I have. Took a home equity loan, put it all in LU. Margin is maxed also. Will ride this tidal wave until the usual summer tech weakness comes. Dump it all, and pay back the loans. Then buy it all back before the Christmas holidays. GO ASND!!!!!!!!!!!!!!!!!!

(P.S. It's not a bet, it's an investment. If you dont know the difference you shouldn't be in the market, or maybe you should try some Amazon or Yahoo. <g>)



To: JH who wrote (59594)1/28/1999 12:30:00 PM
From: hitesh puri  Read Replies (2) | Respond to of 61433
 
Why does everyone have to mortgage their house to invest ? What happened to the good ol drug money investing ?
There is never a sure thing in the window of a few months. In a few years, very much so. Thats why most option buying is useless (85% option buyers lose money) but option selling is great (since 85% of the sellers pocket the premium).

-hitesh



To: JH who wrote (59594)1/28/1999 8:38:00 PM
From: Ingenious  Respond to of 61433
 
Analyst predictions for LU are in the $130-135 range. That should be enough for this market.