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Technology Stocks : Ascend Communications (ASND)
ASND 220.58+5.0%Dec 12 3:59 PM EST

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To: X208 who wrote (12136)9/12/1997 8:19:00 PM
From: hal jordan   of 61433
 
>Asnd has stated that they are comfortable with the numbers.<

That is a great reason to buy calls that expire right after the earnings period. I have never seen ASND mgmt to knowingly lie. If they stated they are comfortable, and the #s do not meet prior expectations, they have zero credibility.

One hell of a play would be to buy lots of calls after we finish consolidating at lower values. Lots of risk, but can you imagine the upside if there is a POSITIVE earnings surprise.

I think people are going to be retiring young on this one.

Hal
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