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Technology Stocks : Ascend Communications (ASND)
ASND 209.43-0.2%3:59 PM EST

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To: Peter Yang who wrote (38707)3/10/1998 6:53:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 61433
 
I agree and that's why I'm worried. At this rate, the DOW will reach 10,000 in two
months (assume about 35 points per trading day). I sold all my holdings today and I'm on
all cash now. Staying in the water during March and April always makes me very
nervous. I'll buy back my ASND if (maybe a BIG if) it ever drops close to 30 during
these two months. Meanwhile, I want to say good luck (sincerely) to all others who are
still holding.


Peter,

I have done some shorting of YHOO and AMZN along with a bear spread on AOL. Hedging the situation as best I know how.

Glenn
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