SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ascend Communications (ASND)
ASND 210.01+1.7%Nov 26 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tim Luke who wrote (46555)5/11/1998 9:36:00 AM
From: tepli  Read Replies (1) of 61433
 
Tim, Dennis and all. What do you folks think about ASND now? I'm long with ASND, averaging 33. My initial target was 45-55 by August. So, now I've reached the lower end of my target.

FY '99 PE now 28-30, g 30 % --> fair price.

I'm not a trader, but I try to sell those holdings that I don't see appreciating by 30% during the next 12 months. It's not easy ! Sometimes I sell too early and sometimes I end up holding a real looser.

Now I think it's time to sell covered calls on ASND if it hits 50 by June.

Regards,
tepli
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext