Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 222.22

-6.8%

Jan 28 3:59 PM EST

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To: Paul M. Rengier who wrote (33692)	2/6/1998 12:28:00 PM
From: Mr. E2u	Read Replies (1) of 61433

Paul wrote: <<Let me have a guess. We'll hit 33 1/2 and than fall back all the way to 30 in the next 2 weeks. Options parity is definitively at 30, so the market makers would loose big time if they don't bring ASND down to 30. Afterwards it'll continue its trend up. >> I agree with you. That's why I sold all my feb and mar calls yesterday before the close and will wait until on or after options expiration to get back in on the long side. We certainly can't complain about the performance of asnd over the last few weeks. I think we are due for a small pullback or at least leveling out in between 32 1/2 to 33 1/2 for the next week or so granted there is no major news. I do think that we will be between 35 and 40 before earnings warning season comes around again (in about 6 or 7 weeks). BTW I've been on "lurk mode" for a while now because I've been spending countless hours trying to figure out this puzzle.......any help from anyone would be appreciated :-))) junior.apk.net Also I want to say thanks to everyone for the informative posts. I really appreciate it! Keep up the good work! Regards Pheonix

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