Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.33

+1.1%

Nov 28 9:30 AM EST

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To: Peter Yang who wrote (23835)	11/17/1997 5:13:00 PM
From: RAY WACLAWSKY	Read Replies (2) of 61433

To Peter: We'll probably see a down day tomorrow for all tech stocks since HWP missed estimates by 2 cents. Don't you think the bad news is already built into the price of ASND? Well, if you look at the option activity coupled with the strong support @ 25, you will believe now is the time to buy. I am long and also short the 30 calls for Dec..... I hope to make money on both sides of the equation! All the best. RW

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