Ascend Communications (ASND) Message Board

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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: Sector Investor who wrote (27315)	12/10/1997 6:17:00 PM
From: satish kamat	Read Replies (1) of 61433

OFF TOPIC Sector, are you thinking of shorting/buying puts on CSCO? JJ Cramer just sold it. I was expecting sell-off after year end. (I am starting to respect him again. He had earlier stated that CSCO is one of the stock to own for 5 yrs.- whatever that means.) CSCO just broke through 200 DMA (83) momentarily today before bouncing back. Stochastics, MACD. and DMA all look terrible. I may wait for it to close below 83. The 50 DMA is at 69. Jan or Feb 65 puts may look wonderful from risk/rewards.

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