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Technology Stocks : Ascend Communications (ASND)
ASND 210.40-1.0%11:53 AM EST
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To: Darren who wrote (50166)7/17/1998 2:03:00 PM
From: S. M. SAIFEE  Read Replies (3) of 61433
 
Darren,

It will go above 55 to kill Jul 55 puts and make coverd call writers to cover. So MM can make on both calls and puts. I see next week if we break out of 55 then race to 80 within next three months. Chart tells
back to 40 if it can not break out of 55. However fundamentals are strong and predictable so 80 is more likely.
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