Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 209.66

+0.5%

10:51 AM EST

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To: Tim Luke who wrote (52495)	8/21/1998 1:26:00 PM
From: Sonny	Read Replies (2) of 61433

One bullish case for ASND from SRA side today: After ASND tied the knots with SRA, many folks started playing ASND via SRA-gate, being cheaper. Look at the minuscule volume today for SRA ... its well below normal, but the price is sucked-down with others. However, SRA option-prices holding pretty well, RS-wise. Implications: shares are being taken away today from weak-hearts only; expect an immediate bounce up in ASND (as well as SRA of course) as soon as market stabilizes. Great clearance prices! How much easier can it get? :-) cheers, -/Sonny.

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