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Technology Stocks : Ascend Communications (ASND)
ASND 212.50+1.5%Dec 24 12:59 PM EST

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To: pat mudge who wrote (39111)3/13/1998 10:06:00 PM
From: Gary Korn  Read Replies (3) of 61433
 
Afterwards I went up and asked a few more questions and closed by saying, "You'll be on target this quarter?" Answer: "Yes."

Pat,

Thanks!! That is exactly what I wanted to hear in the phone call I never got. IR's response had been far too waffling for me. This was specific.

Suddenly, April expiration is less fearsome. I will hold on to my long-term shares and open up some conservative April puts.

Long term (after 1Q earnings), with all the ATM contracts that have been announced, I think that ASND should trade considerably up from 35.

Gary Korn
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