Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.55

+1.2%

12:59 PM EST

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To: Riskmgmt who wrote (45116)	4/22/1998 1:31:00 PM
From: Jan Crawley	Read Replies (3) of 61433

I am surprised that we went as high as $44 yesterday but see that today we are pulling back. Do you expect to see the stock break $40 or $45 first? Hi Ray, I Would like to keep all my covered-call shares and hold them until Asnd $60. I think Alan's post is excellent and please read Greg Jung's (post #45059) strategies too. My humble opinion here is that Asnd is slightly vulnerable to profit taking and the general market conditions. I would not be surprised to see Asnd goes straight to over $45 or towards $40 in the next few weeks. I just have to be ready to react. Hope that Others (Pat, Sector, Dennis, Pete, Garys, Jeffs, Djane......)would comment.. Jan

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