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Technology Stocks : Ascend Communications (ASND)
ASND 212.33+1.1%Nov 28 9:30 AM EST

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To: WBendus who wrote (8181)8/7/1997 9:07:00 PM
From: NIng Zhao   of 61433
 
Wayde:

Since Ascend didn't really move much overall during the nasdaq run-up, isn't conceivable that it won't fall too much even if the market declines? Or does Ascend's behavior indicate that it is going to fall much further than the market decline. I have some naked puts with good profit, maybe it is time to cover and go short. At least for the probable big drop on a low liquidity Friday. It is probably going to close around $49 tomorrow.

Thanks
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