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Technology Stocks : Ascend (ASND) Traders
ASND 196.01-0.8%3:59 PM EST

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To: Carl R. who wrote (79)9/10/1997 12:51:00 PM
From: Jeff Jordan   of 369
 
Carl,

<Anyway, what we are seeing is earnings estimates falling, but no downgrades. Thus I
think that the stock will recover and I think that options pressure will move the stock to
45 by Sept expiration.>

How does this effect Oct.45 calls?

Jeff
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