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


To: Matt Webster who wrote (33764)2/6/1998 8:05:00 PM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 61433
 
I think ASND will not get to 40 by expiration. The tech rally will come to an end next
week sometime. The gains in ASND are getting harder and harder to justify on a
fundamental basis.


Matt,

You made my point. However, I do not buy calls as a rule. Pay too much in premium. The 35 range is where ASND should settle on fundamentals at best.

Glenn