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

To: Monica who wrote (44421)4/15/1998 12:14:00 PM
From: Augustus Gloop  Respond to of 61433
 
For any of you long termers out there....the Jan 0f 99 asnd 60 calls are going for 1.75. If you are going to hold the stock that long it may not be a bad play!



To: Monica who wrote (44421)4/15/1998 12:16:00 PM
From: Gianluca Bacchiocchi  Respond to of 61433
 
It seems that ASND shot up on the news, but has given back a point from the high. Does anyone expect this to go back up or stay in this vicinity for a while, or....

Thanks,
GB



To: Monica who wrote (44421)4/15/1998 1:10:00 PM
From: Tim Luke  Read Replies (1) | Respond to of 61433
 
Well I hope you are right and I am wrong.



To: Monica who wrote (44421)4/15/1998 1:45:00 PM
From: gbh  Read Replies (3) | Respond to of 61433
 
Monica, I tend to agree with you. A steady flow of contract news, will likely cause analyst's to up future earnings estimates, and recommendations, and what looks like overvalued (to some) today, will look cheap tomorrow.

No basis in fact about the contract news, just my gut feel.


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