Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 219.76

+1.5%

12:25 PM EST

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To: Sector Investor who wrote (30127)	1/14/1998 9:17:00 AM
From: username	Read Replies (2) of 61433

Sector, on the call thing: My chart says today's range is 28 3/8 -29 5/8. If ASND opens below 29 «, the short term resistance is that number. If it opens above 29 «, the support level for the day would be about 28 7/8. I believe that the stock will reach 34 and change before next Wednesday, but that's a couple of days later than we wanted. If the stock spikes above 30 today, I'm gonna pick a spot and hope for the best. I paid a little too much for my Jan 30s, but mostly I have Mar 25s and 30s at the bottom. And thank you very much for you note this a.m.! pete

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