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

To: Peter Yang who wrote (23835)11/17/1997 5:13:00 PM
From: RAY WACLAWSKY  Read Replies (2) | Respond to of 61433
 
To Peter:

We'll probably see a down day tomorrow for all tech stocks since HWP missed
estimates by 2 cents.
Don't you think the bad news is already built into the price of ASND?
Well, if you look at the option activity coupled with the strong support @ 25, you will believe now is the time to buy.
I am long and also short the 30 calls for Dec.....
I hope to make money on both sides of the equation!
All the best.
RW



To: Peter Yang who wrote (23835)11/17/1997 7:18:00 PM
From: michael modeme  Respond to of 61433
 
HWP has not changed much in after-hours trading. I don't think their earnings will have much effect on the tech sector tomorrow.


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