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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (16382)1/14/1998 11:40:00 PM
From: Riskmgmt  Respond to of 50167
 
IqbaL: ASND is on SB buy list with target of
35--

Nice call it crossed 30 today.
I saw your post regarding Intel's earning. It is hard to believe some of these analyists are serious. Downgrading, because Intel said margins would be lower?? As, was pointed out on the intel thread, Intel has been saying that for the last 6 quarters so it is hardly NEW.. Either the analyist is incompetant or has a hidden agender. Likewise with Ascend, I don't see any changes fundermentally but now it is moving up they are triping overthemselves to upgrade it.

I think we are going to see a pullback Friday ( it may start tomorrow) for options expiration. I sold some Ascend Jan 25 puts but haven't really reentered long yet, waiting for a pull back first, or confirmation or a return to earnings growth.

Note the rest is Off Topic

Enjoyed your talk of cricket. I haven't played for years but used to be a bit of a fast bowler. Not much opportunity here in Florida. Can't see you doing too much in Paris either or is there a club there?
I trust that you enjoy your game and hit well.

Oh, I will ask the chief about those dishes the "balti ghost" sounds familiar...ah...I am salivating at the thought! You are a very blessed man! Must have built up lots of good karma to enjoy such fine foods and fun. I will be off line for the next few days traveling-talk to you when I return or get access to a computer.

Best wishes, your friend,

Ray