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 202.23

-4.2%

Dec 2 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jeff conn who wrote (16293)	10/3/1997 8:40:00 PM
From: Jeff Jordan	of 61433

Are you saying 30 for the open on Monday with a close on Friday of 32+? Well, we did close down .31? I don't know...I really don't feel that way..I just figured at the moment that it may open lower by the way the options looked before closing they narrowed at bell. 30 was the price I felt would justify the fluxuation? But it is Friday and it occured on both sides calls/puts....I don't think it will happen (30). Maybe they thought some calls would sell and puts would buy/ while the stock breaks out Monday? I didn't sell my calls but got concerned. I bought a few puts and I will sell at open. Also, as you saw in early posts I misread an article concerning earnings and my misunderstanding caused me to fear something was wrong. The above made me think it could be a reality.I know now I was mistaken in my judgement. I felt we should have hit 35 today....With the oct options expiring soon ...after earnings, I thought we would move toward 40...it can still happen. I see all the network stocks warming up...why not Ascend? No scare intended.....32-33 great bottom entry! Its not going to take as long to rise to 60 as analyst are predicting. JJ

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next