Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.01

+1.7%

Nov 26 3:59 PM EST

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To: peacelover who wrote (35324)	2/18/1998 9:56:00 PM
From: Matt Webster	Read Replies (1) of 61433

Let me concur with my opinion that is very much an Ascend cheerleading club. That's usually fine, since I also like the stock. But if that hypothetical fund manager was thinking of selling, a 20%-40% run isn't that bad of a profit. Buy low, sell higher, even if it's not the highest high. With ASND at 34, I would not be surprised to see it test 30 again. We can all buy in again there. If I had to choose between whether 30 or 38 (4 point move in either direction), I would be hard pressed. Too many variables can change. If mine wasn't in an IRA account, I would sell the shares and buy some calls to free cash and lower the "delta." Matt

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