Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 220.42

+4.9%

Dec 12 9:30 AM EST

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To: Peter Yang who wrote (12024)	9/12/1997 3:23:00 PM
From: david jung	of 61433

Hi Peter, No, I don't think the earnings will be negative and I haven't sold a single share of asnd lately. But, yes that was my point, WallStreet overreacts on the upside and the downside. I am thinking of selling some calls and using that money to buy puts. However, I personally don't want to buy at 56.6 modem until a standard is finalized. I had enough trouble with returning my US Robotics modem because it wouldn't plug and play and in fact, once you tell win95 that you don't want to plug n play, it's gone. I'm sure there's a way to bring it back, but I'm tired of the installation process. I think COMS, ROK are killing themselves for not agreeing on a standard. So maybe when the standard is finalized, the networking stocks can assume their upward movement. But that's a long term view. David WALLSTREET Links: 100+ Investment Links, Fundamental & Technical ziplink.net

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