Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 216.57

+5.9%

Nov 17 3:59 PM EST

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To: MMW who wrote (36763)	2/28/1998 10:52:00 AM
From: Stephen M. DeMoss	Read Replies (3) of 61433

Very astute observation! I bought the April 40 puts because I believe the whole tech sector will likely get a haircut shortly during this preannouncement time. With short interest way down for asnd, the impetus for sharp rallies will mostly come from news from the company versus people needing to cover. With such a high Beta for Asnd, if other techs are correcting, Asnd will trend down. Be smart everyone! Steve D.

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