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

To: Peter Yang who wrote (34642)2/12/1998 4:55:00 PM
From: thebeach  Read Replies (1) | Respond to of 61433
 
My take on the whole picture today is the insiders are acting on the slowly unwinding secret that Lucent is very close and that is what ran the stock up. The upgrade helped but this baby is headed to 40 near term. When the news finally gets released it won't matter which options are best suited to expire for the most at the money strikes.
The way this stock has been behaving it sure looks suspicious.Just my humble opinion.



To: Peter Yang who wrote (34642)2/12/1998 5:51:00 PM
From: George Coyne  Respond to of 61433
 
<< Short term "buy" and long term "hold": Does that mean if you're a trader buy it now and if you're an investor then hold?>>

Peter,

Yeah, that is pretty asinine, isn't it? In other words, BUY.

G. W.


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