Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

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To: S. M. SAIFEE who wrote (40193)	3/19/1998 9:23:00 PM
From: Jeff Jordan	of 61433

If I get 33 I will take it and hopefully buy back at cheaper price, That exactly what I did today. Sold 32 13/16 and bought@ 32..I had to take a guess, I knew it was going lower but didn't want to take the chance of not buying back. So off to work I went. I feel pretty good making a nice profit today. It still cost me at least a 1K going to work???? Today would have been great for traders. I know parity is 30 and they want to push there but I think they are having a hard time keeping it there. Tomorrow may be a good day to trade as well. For the near short term I wouldn't sell at 33...we will trade to 35-37 again before earnings release. I bet we'll see 38 earnings week, maybe better. Jeff

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