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

To: Tim Luke who wrote (25438)	12/3/1997 9:46:00 PM
From: Jeff Jordan	Read Replies (1) \| Respond to of 61433

Downgrades - December 3 3Com CorpCOMSBT Alex. BrownBuy¯ Mkt Perform 3Com CorpCOMSDLJBuy¯ Mkt Perform 3Com CorpCOMSGerard KlauerBuy¯ Hold 3Com CorpCOMSHambrecht & QuistBuy¯ Hold 3Com CorpCOMSLehman BrothersOutperform¯ Neutral Cabletron SystemsCSA.G. EdwardsAccumulate¯ Maintain Cisco SystemsCSCOEVEREN SecuritiesOutperform¯ NT Mkt Perform

To: Tim Luke who wrote (25438)	12/3/1997 9:59:00 PM
From: Maverick	Read Replies (1) \| Respond to of 61433

So your boss let you make a phone call today so you could go long on asnd? Well my friend going long on asnd is an understatment, why would you want to buy now when you can buy it at 20 after they fall short? Tim, there is NO way ASND falling short this qtr. Shorting at low 20's is risky. It makes sense to sell naked puts. Just a friendly advise. You can disregard this for you are always entitled to your opinion.