Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Maverick who wrote (25442)	12/3/1997 10:22:00 PM
From: john dodson	Read Replies (2) \| Respond to of 61433

TIM: First of all, if ASND falls short, we'd see $18 and deteriorating easy, barring any thing else to buoy the stock. Another weak qtr is all we'd need for lots of the longs to lose the faith, including the institutions who are left. Maverick: Again, I don't necessarily disagree with ASND making this qtr, but why are you SO confident about it? Hopefully it's something other than "last qtr was bad, so this qtr can't be bad." BTW, I'm actually considering averaging down (again) with ASND. Good luck to all fellow ASND'ers, John Dodson

To: Maverick who wrote (25442)	12/5/1997 10:52:00 PM
From: Gary Korn	Read Replies (1) \| Respond to of 61433

Maverick, What do you make of the LU (or possibly NT) acquisition rumors of this past Thursday and Friday, December 4 and 5? You had previously given a LU takeout of ASND less than a 20% chance (after LU announced its deal with Livingston). Your thoughts and comments would be appreciated. Incidentally, it was prescient of you to have suggested, in your last post, that shorting ASND in the low 20s would be risky and that it would be better to sell naked puts. Would you continue to invest in naked puts, even at the current price of 29? Gary Korn