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Technology Stocks : Ascend Communications (ASND)
ASND 196.81-4.9%3:59 PM EST
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To: S. M. SAIFEE who wrote (49462)7/1/1998 7:53:00 PM
From: Glenn D. Rudolph   of 61433
 
Glen, I shorted Yhoo at 134 and got out at 149, What is your price on AMZN? May look
into buying leap puts on yhoo. Internet stocks are going up on untested earnings

S. M.

I shorted pre split so the average is $41.

So the whole idea might be new and exciting?
but will the advertiser leave TV and buy into internet permanently. I would say this is
new fad. I still believe internet stocks are good short. ASND will be 80 when yhoo is
back to
25-30

I agree with you completely. Unfortunatly, the market is not cooperating.

Glenn
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