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

To: Tim Luke who wrote (25284)	12/3/1997 1:03:00 AM
From: blankmind	Read Replies (1) \| Respond to of 61433

tim i do not expect you to back up your earnings shortfall for asnd, but if asnd beats the number (which i believe) they will rise and continue to rise. for 4 reasons: 1. tax lost selling will be gone by announcement. 2. short sellers will leave this stock. 3. momentum players and the street will return. 4. i really do not believe your selling at 30 will collapse the price, but this is the most tenuous of the 4 statements.

To: Tim Luke who wrote (25284)	12/3/1997 1:11:00 AM
From: HammerHead	Read Replies (1) \| Respond to of 61433

Just my desperate wishful thinking. Well, at least it won't tank if they beat the estimates. Otherwise, we can expect the ugly repeat of CS. 30% haircut. I was lucky to buy 32 contracts of CSCO Dec 90 put on Monday.