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

To: getgo234 who wrote (28830)	12/29/1997 1:50:00 PM
From: Tom Latham	Read Replies (1) \| Respond to of 61433

It IS TIME to buy this one for sure (and FORE). When even the hard core holders call it a dog and can't rationalize their holding it there should only be one direction for ASND ----- up. Plenty of premium in the options and a 2 point downside against a 6 to 7 point upside. Long on ASND from here with a holding block and also a trading block. This is the same stratigy we used to give our biggest gain in '97. Guess what stock it was, ------ yep 'le ASND. Good investing to all in '98.

To: getgo234 who wrote (28830)	12/29/1997 4:27:00 PM
From: getgo234	Read Replies (1) \| Respond to of 61433

All the major networking companies were up a dollar or more today except ASND. The NASDAQ 100 was up sharply with only 21 issues in the index showing a decline. Can anyone think of anything positive to say about today's action of ASND ? (AAPL was one of the 21 issues lower today - great company ASND is keeping). (Birds of a feather---)?

To: getgo234 who wrote (28830)	12/29/1997 11:01:00 PM
From: sepku	Read Replies (1) \| Respond to of 61433

>>>I would have rationalized ASND's weakness today to tax motivated selling<<< The tax-loss selling for 1997 is over today. As a result of my procrastination, I became familiar with the unfortunate realization that since it takes 3 days for a sale to "settle", any finalized sale to be reported as deductable for "tax-loss" purposes, cannot have a date of settlement into the next fiscal year. Therefore, no more tax-related selling after today. In 1996, I waited until Dec. 30/31 before selling some more stock to be deducted...after the fact, I was informed that they were not viable tax-loss candidates since they were settled on Jan 1 and 2, 1997. So at least that's over with! :o) Style Pts.