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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (19732)10/29/1997 5:01:00 PM
From: Sector Investor  Read Replies (2) | Respond to of 61433
 
I bought ASND March '30 calls at $3.75 today, when it dropped to $27.
Now if I can't make money on those ...

Tim, are you still in the Over-under $30 contest? <GGG>



To: Tim Luke who wrote (19732)10/29/1997 5:04:00 PM
From: sepku  Read Replies (1) | Respond to of 61433
 
>>>Style you seem to be avoiding our bet is there a reason? Do you still think that 40 is goin to happen?<<<

I looked at my post you are responding to and have no clue where you got that idea. The day I change my mind about ASND hitting 40, is the day I dump my position for a loss. Like Pres. Bush always said: "Not gonna do it."

>>> I would be real careful with csco if I was you don't get to greedy or you just might lose a big junk of that profit you are sitting on.<<<

Don't forget I already rode it down to 45 last Spring, and now I'm back at 80. Just another walk in the park. I guarantee you CSCO will not see 50 again before I sell at 90. I'll sell the day I can pick up more CYMI under 25.

Style Pts.



To: Tim Luke who wrote (19732)10/29/1997 6:18:00 PM
From: Jeff Jordan  Read Replies (1) | Respond to of 61433
 
Style you seem to be avoiding our bet is there a reason? Do you still think that 40 is
goin to happen?


Tim, this is a tuffy?

ASND

Falls from $80

Company buys Cascade

Issues 10K on earnings?

DD sector dives

Product/order delays

Unlimited downgrades

Bad quarter report

52 wk low

Intc/msft/Ibm earnings scares

LU/NTT/BAY/etc...buyout rumors.....stock swaps hurt!

global market crash

52 wk low

Tim Luke/James J. Cramer/X208 (your welcome)

and to: all MM's everywhere?

But perhaps Management! Mory E.

We are still only 11 points away from $40?
and 52 TRADING DAYS left?

My call is: YES!!!!!!
I like my Jan 25 calls!!!!

Jeff