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Technology Stocks : Ascend Communications (ASND)
ASND 221.33-1.3%Feb 11 3:59 PM EST

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To: Glenn D. Rudolph who wrote (6360)7/9/1997 5:49:00 PM
From: J.C. Group   of 61433
 
Glenn -
That's not a bad strategy, but I would get out of all your ASND positions before they announce earnings. This stock will have a runup to 52 - 55 before release. Cash in and buy back after the sell off.

Asnd will probably meet estimates, but with this latest 30% upturn in approximately 4 trading days there will be a short downturn before a long fall rally. Asnd is fundamentally strong, but it's not compaq!!!

I sold out my 3000 shares @ 51 and rebought @ 46.
I'm selling before earnings.!

Good luck to all!
J.C. Group
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