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Technology Stocks : Ascend Communications (ASND)
ASND 196.81-4.9%Dec 9 3:59 PM EST

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To: Jeff Mills who wrote (20816)11/3/1997 11:17:00 PM
From: Skeeter Bug   of 61433
 
jeff, i bought into asnd for the first time around $27.75. i have my long position. if it goes to the low $20s then i'm buying calls.

i think that asnd will do well in the 4-9 month time frame. if their new product line gets going - and they had a nice release regarding just that today - then they will get back a high multiple.

in the meantime, i'll just ride it out while asnd grows eps.
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