Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 211.05

-0.7%

3:59 PM EST

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To: EDC who wrote (40450)	3/21/1998 10:03:00 AM
From: Jeff Jordan	Read Replies (1) of 61433

I have been averaging down on Ascend in the past week. My basis is around 34. Do you think it is wise to buy April 30 puts for insurance? I plan to ride out the storm, but I have a feeling that if the market corrects that it will also take down Ascend even more. If it makes you more comfortable it could be wise. There is the possibility of more downside action. From a technical standpoint looks like 30 is possible. 207.95.154.130 Jeff

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