Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 218.22

-1.4%

Feb 12 3:59 PM EST

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To: Thomas M. who wrote (6348)	7/9/1997 5:38:00 PM
From: Glenn D. Rudolph	of 61433

CSCO and COMS are breaking out convincingly, pulling the NWX up. Now all we need is this puppy (or should I say dog) to join the fun. Do you have a strategy for next Tuesday? Thomas, I have no real strategy for Tuesday. I have lots of shares of ASND due to my prior positions in CSCC. I also have sold a lot of naked puts. I am plan on taking the chance that the market's attitude toward the networkers has changed and become a lot more positive. I believe ASND will hit the mid 50 easily right after earnings as long as they are very close to expectations. I will buy a lot more shares on Monday as a day trade with an assumption the market will bit ASND up prior to the earnings annoucement. What about you? Glenn

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