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

To: Jan Crawley who wrote (50993)	7/31/1998 3:13:00 PM
From: Joseph Colombo	Read Replies (1) \| Respond to of 61433

<<Why Dec? more time premium? >> Jan, 1) LU thing possible in October. A little more time doesn't hurt. 2) ASND has had a great 1998. Look at the chart. Due to possible surprises like this, the time may be needed to get to 65+. 3) Christmas 1998 may be interesting. This is due to the possibility of xDSL modems under every Christmas tree. The build out of the Internet will need to accelerate in 1999. Hopefully the Dec. Calls will reflect that fact. 4) Because the core ASND investor of today was probably in ASND last summer. It was ugly. So ASND is VERY volatile with good & bad news. IMVHO Joe