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

To: Jeff Jordan who wrote (38877)	3/12/1998 8:48:00 AM
From: Gary Korn	Read Replies (2) \| Respond to of 61433

I guess it does look like we have a shot @$40 by option expiration. Jeff, I doubt this very much insofar as the current guidance seems to be that the quarter won't exceed and could potentially fall short a slight amount. Beyond March 20 expiration, I'm concerned short-term (until the dust settles after April 16). A significant contract announcement would change this but, absent that, I don't see the cause for any short-term optimism (After April 16, it is another story). Gary Korn