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


To: gbh who wrote (46971)5/15/1998 1:49:00 PM
From: Sure Thing  Read Replies (1) | Respond to of 61433
 
Good purchase on the May 45 puts. So, cash them in and buy ASND
for the rally at the close.

- Sure Thing -



To: gbh who wrote (46971)5/15/1998 1:53:00 PM
From: Darren  Read Replies (1) | Respond to of 61433
 
I have the close at 44 3/4, +/- 1/16th.
Sell program at 14:00p -- not a big one, but we're at the day's lows.

Poor Tim, probably documenting his message for publication:
Message 4453747

Tim, just because a 260 day chart looks like ASND does, and the 50 price point would round out the bottom, doesn't mean you should trade off it. 50 is still a pipe dream; it represents 48% earnings growth. To that, I think we can say, "...not gonna happen in this climate."