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Technology Stocks : Ascend Communications (ASND)
ASND 200.71-3.1%10:12 AM EST
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To: Scott who wrote (13584)9/19/1997 11:17:00 AM
From: Greg Jung   of 61433
 
Scott, the key to maintain price is high margin. With products from the CSCC acquisition they have a better lock on that aspect. And now the NTT contract.

Whatever the analysts are saying, they can change it in a heartbeat. If you're not in it, look to pick up a little at 32-33 but save $ for much more in case of emergency. If you're in, sell Jan40 calls. Price drops when the big money rotates away, all techs are getting left at the altar recently.

Greg
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