PREDICTIONS: OCT 34 7/8, NOV 24 15/16, DEC 30 ?
-------------- Post # 16318 ------------------------------------------
To: steve (16315 )
From: Nick Elkherj Saturday, Oct 4 1997
11:22AM EST Reply # of 26617
Steve,
Thanks for the site, it's great. So far these are the guesses for
the option expiration dates before the end of the year, please keep
them coming, and I'll update this table every few posts:
Name OCT NOV DEC Notes
-------------------- ---- ---- ---- --------------------------------
emichael 45 58 75
George Coyne 40 45 55
Pheonix 35 45 55 32..37 Range if low volume
Steve 35 37.5 40
Nick Elkherj 35 25 30
One of my reasonings is that ASCEND have gone up too far too fast,
and looking at 97 EPS of ~1.00 and 25% growth, it looks like 25 is a
fair guess. For the near future, ASCEND will range between 25...30
until the next earnings announcement.
As a long term investment, ASCEND might end up merging with some
other co. (i.e. LUCENT ...), so I would not plan on investing in it
for more than 12/18 months out, if that long.
I do hope the market will prove me wrong, I have too much vested
interest on the long side.
Nick
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I don't have a crystal ball, but I do have a good feeling about this
stock. I wish I acted on my own predictions, I would have retired by
now.
I am working on the next three month, and will post my predictions
before the end of the year.
BTW, Tim this is not addressed to you, I just don't know how to send
to myself.
Nick |
