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

To: Tim Luke who wrote (26608)	12/6/1997 2:00:00 AM
From: Hong Fan	Respond to of 61433

I also believe that asnd will headed down around mid-20's. Is that right the Dec. 97 25 or 30 put options will go up? The two options close Friday at $1/2 and 2 9/16 asking. Is this a good time to do some really short term put trade before they expire?

To: Tim Luke who wrote (26608)	12/6/1997 12:48:00 PM
From: Larry J.	Read Replies (1) \| Respond to of 61433

Tim, If nothing else (no aquisition), upgrades are almost a certainty based on confirmation of the numbers, visibility, and improved outlook. A few from larger brokerages should be more than sufficient to propel ASND back to a new base in the low 30's. IMO mid 20's are gone for good. BTW, you've taken all the sh** (much of it deserved mind you)of the past few days like a gentleman and a scholar. Larry

To: Tim Luke who wrote (26608)	12/7/1997 4:45:00 AM
From: sepku	Read Replies (1) \| Respond to of 61433

>>>Style, I'm not trying to kiss a** and I'm sure you know that but I respect and value your opinion. Please feel free to bash the hell out of me I'm an easy going guy just kicking back and enjoying life. But I still think asnd is headed down around mid-20's. <<< Tim, I was never trying to bash you...just making a point. I remember prior to about 8 weeks ago, when you used to make calls based on your own trading, with brief mention why, and those are the posts that I valued. But I know even you must be aware of the not-so-subtle change your opinions have undergone...they seem to be wild and chaotic -- like you are throwing darts blind-folded and hoping one hits the bullseye. It's just gotten very difficult to find which of your posts carries the real convictions behind it, you know? I can't figure out why the change. There's nothing wrong with saying ASND is not going to hold above 30 for the next 3 - 4 months (an actual call of yours), but let's present an argument that we can debate on the thread. I don't believe it's so important on who's right, but WHY that person is right...right? I, personally, am not only interested in what you have to say, but why you're saying it. If I didn't respect what you have to say, I wouldn't give a damn either way, and surely wouldn't bother writing this post. Concerning the short-term direction of ASND, who really has the faintest idea with this crazy market? All I know is that ASND will trade higher over the next few months as its value is reflected in the share price. Of course, how high you think it trends depends on your opinion of where its true value lies. I'm not holding my breath on a buyout...if it happens it happens, I'm long-term so it doesn't matter to me. I'm more focused on the fundamentals improving...everything else follows. And from what I'm seeing, ASND's fundamentals ARE improving, and that is bullish to me! Style Pts.