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Technology Stocks : Ascend Communications (ASND)

ASND 209.11

-1.6%

3:59 PM EST

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To: Samuel Wayne Turner who wrote (38892)	3/12/1998 2:49:00 PM
From: George Coyne	Read Replies (2) of 61433

<< On Monday on CNBC they had a guest anaylst by the name of Charles Payne who picked ascend as one of his three favorite picks, he was also mentioned the possibiltiy that Lu was going to buyout a networker in the next two weeks and thought it might be ascend.>> Sam, Although by no means am I one of the savier minds on the thread, I will be happy to offer MHO. I feel the chances of the theorized takeover occurring in the next week (expiration 3/20) are slim and none! However, if you believe that the expiration price, assuming NO takeover will be close to 35, it won't hurt you for that scenario whether you sell now or later. Why not sell 5 on any pop to 37 or so, and save 5 until expiration. This way you are still in the takeover game, but you are not likely to lose anything if there is none. G. W.

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