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


To: Jerry J. Kaczur who wrote (25073)12/1/1997 6:58:00 PM
From: The BayWatcher  Respond to of 61433
 
IMHO the recent insider selling, loss of market share to competitors, and margin erosion due to greater competitiveness make predictions of doubling and tripling from a price of 25 very doubtful. Given significant insider selling in mid 20s, my guess is we haven't seen bottom yet. I'm looking for 18-19. IMHO, doubling from 18-19 in 1998 is achievable.

P.S. I'm also looking for CS to bottom at 18-19 and another doubling in 1998.




To: Jerry J. Kaczur who wrote (25073)12/1/1997 7:33:00 PM
From: Jeff Jordan  Read Replies (1) | Respond to of 61433
 
ry, someone bought/sold 1000 Jan 30 calls (QQAAF) this afternoon in one transaction. Any way to find out if it was a buy to open or sell to open?

I'm sure it was a buy....makes me love my Jan25calls. If you saw a 1000 contract that was worth $100K!

I was getting ready to point out to Tim $40 is only 15points away! I feel a pop is coming....(why only 5/8 today?) but $30-35 here we come! My chart says so and I got the feeling alot of fund managers are about to take notice also.

up 5/8 today? Ascend has been Bitch slapped enough....I believe its time for revised earnings estimates....contract announcements or merger talks announcement! Mory needs to start playing hard ball! Now you have a penny antie internet magazine calling ASND a 2nd tier nitch player?(Red Herring) I saw them at Comdex...they were telling me...Telco's out...ISP's in?

Hey folks! Its time to jump onboard! Anyone dreaming about the 20 or less. WAKE UP! I wish I could buy RAMBUS in the $20's It aint gonna happen!

Jeff

I am really really tempted to buy some CSCO puts!