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Technology Stocks : Ascend Communications (ASND)
ASND 210.50+0.5%Nov 21 9:30 AM EST
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To: Jeffery E. Forrest who wrote (24307)11/21/1997 3:03:00 PM
From: vegetarian  Read Replies (1) of 61433
 
ASND December 25 put buying is looking good.
After the expiration, it will probably make a hurried run down to
a new low below 20.
Better yet, a december 25 straddle with calls in case someone
fears a buyout in that period.
ASND has made 10 point moves on many occasions in the last year
from one expiration to other.
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