Ascend Communications (ASND) Message Board

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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: getgo234 who wrote (40391)	3/20/1998 4:26:00 PM
From: gbh	of 61433

Not sure about the warning. I truly believe the quarter will be very close. Therefore, any warnings will come close to 3/31. But a miss of a penny or two could have bad implications, as I don't believe that is priced in already (some may disagree) given the solid ytd gain. On the other hand, from all available news, it looks like ANY upside surprise is unlikely at this point. So is the best hedging strategy really very simple. Unload now, and maybe buy back $1-3 dollars higher (if we exceed), buy back at the same price if we hit (this is the real question people must honestly guess at; will a hit at .25 have any real short term pop), buy back lower if we miss. The question for people is how much short term upside is there given the low potential of an upside surprise????

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