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Technology Stocks : Ascend Communications (ASND)
ASND 208.92-1.0%10:49 AM EST

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To: Robert T. Harvey Jr. who wrote (26424)12/5/1997 3:46:00 PM
From: Jeff Jordan  Read Replies (1) of 61433
 
Robert T. Harvey Jr. on Dec 5 1997 3:35PM ES
Jeff

You should have sold at 32 and bought back @ 28+ like I suggested.

RE: DUMP DUMP DUMP now! Buy back @28 this PM


Idid! But I did even better in options.



From Tim

Jeff,

You could sell right now with a profit, if this fall through asnd will fall back below 25. This will crush the stock and it will stay down for many months to come. Is it worth the risk?


Risk??? Ascend will be $30-$35 by expiration! Its not going anywhere with this kind of volume.....Now the potential buyers for ASND just got a wake-up call! Expect very good things to come!

Don't forget earnings and January effect. I'm sitting on March25's

I'm going to be very very happy...no doubt in my mind!

Jeff
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