Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.50

+0.5%

Nov 21 9:30 AM EST

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To: thebeach who wrote (44502)	4/15/1998 6:18:00 PM
From: devil ray	Read Replies (2) of 61433

The stock is trying to be kept close to 40 until after friday. Notice how csco didn't sell off. It should move up strong next week. The only thing that could change that is a weak market next week which could easily push asnd to 35. That would not last long and I would jump in with tons of calls. I am loading up on more 40 calls on pullbacks and 40 puts on price strength for may exp. Once we break free of the 42 range it will move up nicely to a new range. I predict 44-47 area for may. Jeff Vince where are you, at the local bar? You better cover your short this week.

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