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


To: ricky who wrote (49796)7/14/1998 10:54:00 AM
From: Scott Kessler  Respond to of 61433
 
I'm amazed that the stock pulled back so much this morning. I'm rolling the dice -- just got some cheap July 55 calls. I believe the earnings will beat estimates, but so do most Wall Streeters. Merely meeting consensus numbers ($0.30) would hurt the stock short-term. I'm hoping that Mory is strong w/ his forward look -- that's what's going to enable the stock to break-out from here. I hope it happens soon -- for obvious reasons -- Scott.