SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Riskmgmt who wrote (45116)4/22/1998 1:31:00 PM
From: Jan Crawley  Read Replies (3) | Respond to of 61433
 
I am surprised that we went as high as $44 yesterday but see that today we are pulling back. Do you expect to see the stock break $40 or $45 first?

Hi Ray, I Would like to keep all my covered-call shares and hold them until Asnd $60. I think Alan's post is excellent and please read Greg Jung's (post #45059) strategies too.

My humble opinion here is that Asnd is slightly vulnerable to profit taking and the general market conditions. I would not be surprised to see Asnd goes straight to over $45 or towards $40 in the next few weeks. I just have to be ready to react.

Hope that Others (Pat, Sector, Dennis, Pete, Garys, Jeffs, Djane......)would
comment..

Jan