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Technology Stocks : Ascend Communications (ASND)
ASND 204.41-1.0%Nov 14 9:30 AM EST

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To: Tim Luke who wrote (25240)12/2/1997 7:09:00 PM
From: Jeff Mills  Read Replies (1) of 61433
 
Mills puts buy order in on ASND at $14.

I just entered a buy order on ASND at $14, good till cancelled. After reading the COMS and CS news from today, I have no doubt in my mind whatsoever that ASND is going under $20 a share. Big selling to come and I see $14 as a decent entry. More margin calls coming soon for those who bought in the high-$20s.

BTW, CSCO is a huge short. I almost top-ticked it yesterday at $90, but with work was unable to get an order in.

Peace,
Mills
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