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

To: Tim Luke who wrote (41973)4/2/1998 3:32:00 PM
From: Jan Crawley  Read Replies (2) | Respond to of 61433
 
Why? This stock has a long way to go and I see nothing stoping it.

Tim, with all due respect, I would like to tell the thread that I am only holding 500 raw shares and some covered calls(I wrote those calls.)

I have been with Asnd for so long and I was down 50K around year-end 97. I have realized a decent amount of profit in the past few weeks. I am emotionally tied to Asnd and am looking forward to a nice/bright Asnd future. However, I think each of us should exercise good judgements against our own overall portfolios and make rational risk/reward analysis from time to time...

Best,
Jan



To: Tim Luke who wrote (41973)4/2/1998 6:17:00 PM
From: Maverick  Read Replies (4) | Respond to of 61433
 
Risks associated with ASND remains high should takeover speculation subside.
Ascend took out key resistance amid increased volume... Next stop 42-44... Should be noted that
there is about a 4-5 point takeover premium built into the stock... As such risks associated with
ASND remains high should takeover speculation subside. From Briefing.com. This analysis resonates w/ myine.


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