Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 207.04

+0.7%

Dec 8 3:59 PM EST

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To: blankmind who wrote (37591)	3/4/1998 7:33:00 PM
From: Inga	of 61433

the price may not necessarily bounce back, but possibly bounce lower on fears of the sector. You may be very right. I think the immediate future for tech stocks are quite unstable. Just two days ago, everybody is hoping "here comes 38-39 in no time". Now with the Intel warning, "here comes 30-32 buying opportunities". I wish I had bought a full straddle with 35 puts today. It might not be too late tomorrow just in case we see 20s again because it is hard to tell which way this stock goes in the next two weeks.

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