Ascend Communications (ASND) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ascend Communications (ASND)

ASND 200.28

-1.0%

Dec 3 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gary Korn who wrote (16287)	10/3/1997 5:21:00 PM
From: Jeff Jordan	of 61433

Exactly! Those where my sentiments prior to reading that news item. Perhaps I've misread that paragraph, your explaination sounds plausable. But coupled w/ the .5 drop near close and the option quotes I recieved caused me to think 30 at the open for Monday...Just like ADI and AWRE (I think) a manipulated shake out before a breakout.Check the ADI chart. 600 Oct40 calls doesn't concern me, they are only 1/8 I show 1649 traded. My concern was the rise in put ask/bid and the decline in call ask/bid. So, coupled w/ the .5 pt drop near close I had my speculative fears. It doesn't mean anything if you hold the stock long. It is only a concern for to me since I'm very heavy in options and getting out of money. Jeff Gary, OK, I did misinterpret that paragraph. It troubled me cause the article was upbeat. not 33% of but from estimate. Because I was looking for .20 or better not .18, The accountants can make that no. even better, and thats the small surprise I'm looking for.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next