Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 197.59

-0.8%

Nov 7 9:30 AM EST

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To: Jeff Jordan who wrote (21534)	11/6/1997 2:28:00 PM
From: S. M. SAIFEE	Read Replies (1) of 61433

Jeff, This could be bottom after reading article in Fortune Magazine, This is not just only ASND but include CSCC also, When they bought CSCC they have increased intelectual assets. Everybody is hung up on next two quarters. All momentum players left when stock dropped fron 42 to 32. Many Institution should have left by now. Only left are value investors and shorts. Who has more staying power? I sold Nov 30 calls @ 1/2. I am long Jan2000/ 30 calls.

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