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

To: sepku who wrote (27953)	12/15/1997 8:12:00 PM
From: Jeff Jordan	Respond to of 61433

I'm not short CSCO yet, since I didn't get a chance to really look into it last week. I think 85 is a nice point to establish a short position, I did call it at $88! and I see another 15% $65.50!!!!!! Go ahead and bash them! . If I were you I would buy about $2K of CSCO puts? Message 2871188 Jeff

To: sepku who wrote (27953)	12/15/1997 8:28:00 PM
From: Alok Sinha	Read Replies (3) \| Respond to of 61433

INTCW is a warrant on INTC. I think it gives holders the right to buy INTC for 18.5 in 1999. (I am not exactly). Because it is so deep in the money it trades just like the stock. Alok

To: sepku who wrote (27953)	12/15/1997 8:32:00 PM
From: Jeff Jordan	Read Replies (1) \| Respond to of 61433

Style, Message 2972810 If you didn't notice this was my advice to Tim Luke! To make up for his 8K loss. Message 2871188 Just so you know here is the chart. fast.quote.com JJ

To: sepku who wrote (27953)	12/16/1997 8:36:00 AM
From: Pullin-GS	Read Replies (2) \| Respond to of 61433

One unit of INTCW is a warrent giving holder the right (option) to buy 1 share of INTC at apprx. $20. I'm not sure of the excersize date. It is in the money and very liquid, so it trades like the stock. When INTC goes up $1, INTCW goes up $1 as well. They track linearly. And since it trades at about a $20 discount to INTC, it gives the holder much more leverage to buy INTC...especially when INTC is at $70 (where I bought). I was able to buy about 30% more INTCW than INTC, thus I have seen 30% more profit.<G> Be warned that it does have a nasty spread at times (1/4+).