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

To: username who wrote (33041)	2/3/1998 9:43:00 AM
From: Tim Luke	Read Replies (3) \| Respond to of 61433

NN- getting slammed: CSCO and ASND off a bit but I don't think that will last, I look for both stocks to close on the + side today!

To: username who wrote (33041)	2/3/1998 11:18:00 AM
From: Gary Korn	Read Replies (2) \| Respond to of 61433

habitual negative PR about ASND coming out of CSCO Disney's moral from Bambi is applicable (and ASND mgmt should take heed as well): "If you don't have somethin nice to say, don't say anythin at all." I would prefer to purchase from someone who sold me on the advantages of his/her product, rather than from someone who simply disparaged a competitor's product. Gary Korn

To: username who wrote (33041)	2/3/1998 11:31:00 AM
From: Gary Korn	Read Replies (2) \| Respond to of 61433

Pete, I just got a call from FIDO to advise that 12 of my March 45 naked puts had been exercised, giving me 1,200 more shares of ASND (at a price of 45) offset by about 12 points per share from the sale of the puts (making the effective price of the stock about 33/share). What with ASND now on an uptrend, why would anyone exercise the puts now? I'm actually happy they did, but I'm at a loss to figure why. Gary Korn P.S. I sold these puts long ago, when ASND was trading at about 36 or 37.