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

To: Tim Luke who wrote (51164)	8/1/1998 5:51:00 PM
From: Nazbuster	Read Replies (2) \| Respond to of 61433

Tim, I think asnd was way oversold on Friday so I picked up a couple thousand shares at 45 1/8. Wouldn't Monday morning be a better indicator? Announcement due from ASND. Small investors with long memories will probably be shaken out by the big drop after a slow slide. I expect gap down, vultures ready to pick up the pieces, so rebound later in the day. That's my guess, but I definitely bow to the master! If it drops to 40, I'll buy calls: No money, no money, no money. They fixed me up last time. (Sold'em all when ASND was 49.)