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


To: Gary Wisdom who wrote (44770)4/17/1998 4:27:00 PM
From: Jack Colton  Respond to of 61433
 
Well, it's the weekend.

I thought M$ was buying LU who was buying ASND.



To: Gary Wisdom who wrote (44770)4/17/1998 4:33:00 PM
From: Sowbug  Read Replies (1) | Respond to of 61433
 
Contest update <http://www.geocities.com/SiliconValley/Lab/8821/contest.html>:

SEEK dives, but it's still in a league of its own.

Daniel Koehler's hamstrung by INTC; otherwise he would be in first place.

Today's winner for most balanced portfolio: Jose A. Almodovar at #40.

We're approaching another ASND-SI convergence! <http://www.geocities.com/SiliconValley/Lab/8821/ascend.html>



To: Gary Wisdom who wrote (44770)4/17/1998 4:45:00 PM
From: Ashley Campbell  Respond to of 61433
 
You really think we'll see the upper 30's again...
I was hoping we are now solidly in the roaring
40's...

-ash.



To: Gary Wisdom who wrote (44770)4/17/1998 11:40:00 PM
From: Daniel W. Koehler  Read Replies (1) | Respond to of 61433
 
Gary

I'm not sure about next week either. I was expecting ASND to capitulate to option expiration at 40 and sold half my Jun 40 calls at 41 5/8.

My strategy for next week is reestablish my full 40's call position if we dip. if we keep going up I am holding but with an eye to legging into a straddle with 40 puts if we hit 45.

I do expect a trading range of 39 -44.

Ciao,

Daniel