Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 221.82

-0.1%

12:22 PM EST

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To: emichael who wrote (6378)	7/10/1997 1:00:00 AM
From: Verona	of 61433

To all: Lets see, earnings due out on Tue. options expire 3 days later. . . Open interest for Jul 45 calls 7704, Sept. 50 calls 8761. Considering we could be due for a day or two consolidation of the markets, and the recent run up I belive that asnd will hang in at 50-51 thru Friday of next week then begin a nice steady rise to its previous levels IMHO of course!. Lets not forget that this stock was trading much, much higher not too long ago. This co. as well as the other networtking co's. are in the midst of tremendous growth for many years to come. The need to communicate and way we communicate will require a continuous upgrading in our infrastructure from the office to the home in schools, public facilities etc. Its inevitable!!! Long and accumilating. Verona

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