Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 207.04

+0.7%

3:59 PM EST

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To: Glenn D. Rudolph who wrote (49461)	7/1/1998 7:48:00 PM
From: S. M. SAIFEE	Read Replies (2) of 61433

Glen, I shorted Yhoo at 134 and got out at 149, What is your price on AMZN? May look into buying leap puts on yhoo. Internet stocks are going up on untested earnings projection models. Unlike advertising on traditional TV you are not forced to look and pay attention to advertisements on net. Do you ever notice on TV even commercials are timed such that you can not flip channel to channel to escape commercial. No such forceful advertising on internet. So the whole idea might be new and exciting? but will the advertiser leave TV and buy into internet permanently. I would say this is new fad. I still believe internet stocks are good short. ASND will be 80 when yhoo is back to 25-30

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