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Technology Stocks : Ascend Communications (ASND)
ASND 208.59+4.1%Dec 4 3:59 PM EST
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To: garrick le who wrote (52941)8/27/1998 1:34:00 PM
From: Sonny  Read Replies (1) of 61433
 
2 Observations:

- just observed that the floor-traders have suddenly raised the ask-price for SRA (Stratus) Sept and Oct calls ... the spread has increased ... being linked to ASND, should be considered +ve imho.

- After almost 2-3 weeks, today is the first day when ASND's intra-day chart showed a surprisingly better lunch and afternoon Relative Strength than CSCO.

I'm long both CSCO and ASND, but would favor ASND, at this price-point, as having a better potential to go up substantially in the short term, if sentiment improves.

regards to all,
-/Sonny.
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