SI
SI
discoversearch

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 : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?


To: Anonymous who wrote (7569)4/25/1999 5:12:00 PM
From: Lee Ring  Read Replies (1) | Respond to of 21876
 
I fear that you are right Anonymous. I sold ASND Thursday after nearly a two-year hold. Some of the most successful LT investors were the ones that were willing to leave the some profit on the table. I learned my lesson by marrying SHVA. I also learned my lesson on greed there. I am a big believer in LU/ASND long term and the future is theirs to lose, however I agree that there is unprecedented volatility in the market now and the hard reality of a 20%-40% downdraft is only a news story away. Remember that it was only six months ago that the NSDQ was flirting with 1200 and ASND again was in the low thirties. I will be back when these insane multiples come to earth.

Remember the old saying, “ You can't go broke taking a profit” or is it the old Chinese curse, “May you live in interesting times.”

I'll still be here on the sidelines rooting you guys on------------ for a while.

Lee