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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: getgo234 who wrote (28830)12/29/1997 1:50:00 PM
From: Tom Latham  Read Replies (1) of 61433
 
It IS TIME to buy this one for sure (and FORE). When even the hard core holders call it a dog and can't rationalize their holding it there should only be one direction for ASND ----- up.
Plenty of premium in the options and a 2 point downside against a 6 to 7 point upside. Long on ASND from here with a holding block and also a trading block. This is the same stratigy we used to give our biggest gain in '97. Guess what stock it was, ------ yep 'le ASND. Good investing to all in '98.
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