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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%Dec 5 9:30 AM EST
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To: Sure Thing who wrote (49302)6/26/1998 10:15:00 AM
From: Gil Gilbertson  Read Replies (3) of 61433
 
Take a look at the chart, this stock has to go back and test 40-41
before moving higher. Also, there were 30million shares sold at
49-50 area and those people are losers for now and I imagine a lot
of them are waiting to get out. I sold the 40 Sept calls against
the stock and will watch for a base before buying back...
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