Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 208.75

+4.2%

3:12 PM EST

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To: hpeace who wrote (16452)	10/5/1997 9:39:00 PM
From: satish kamat	of 61433

steve: you may be right about analysts helping ASND to push back to 50s. i think some of the lift may come from announcements that ASND will have as we enter FY98. for many companies oct. is the begining of the fiscal new year and that's when they sign on capital expenditures. rob: i truely wish we had lot more people like you and me, who make use of cutting-edge technology. just like we need analysts to push the stock faster, we also need masses for ISPs to step up buying of the ASND gear. i agree with you that we will see that over next 6-12 moths. transition from 14 to 28 have been much faster to that from 9 to 14 i am sure 28 to 56 is even faster. i am thinking of using steve's naked put idea to do some trading while maintaining a long term portion. satish kamat

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