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

To: Tim Luke who wrote (32961)	2/2/1998 10:10:00 PM
From: Glenn D. Rudolph	Respond to of 61433

As for asnd I tend to agree with you when you said that you see asnd trading sideways. I think its range will by at a very low of 29's to 34/36 until they are taken over. This is my price target too which makes writing 30 strike puts a good deal or if one is inclined, write 35 covered calls. I have a good source who feels a deal will happen but I'm waiting for that important call so I can pull the trigger. I have no idea on this one anymore. The company denies it so much. So many rumors...etc. Glenn

To: Tim Luke who wrote (32961)	2/2/1998 10:18:00 PM
From: Sure Thing	Read Replies (2) \| Respond to of 61433

Tim, Your 30 5/8 was right on the money until the last few minutes when NN was halted which caused ASND, COMS, and BAY all to take a hit from which they did not recover. I hope to let a few trading shares go around 31 tomorrow. - Sure Thing -