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

To: Jeff Call who wrote (52203)	8/17/1998 1:07:00 AM
From: James L. Day	Read Replies (1) \| Respond to of 61433

Has anyone noticed that the options premiums for September are much lower for SRA than they are for ASND? All the LU acquisition believers should take a look at the Sept. 35 calls (currently asking 1 11/16. If by chance ASND makes a run back to the mid 60's, these will provide an easy 3x to 4x your money. Any thoughts? JD

To: Jeff Call who wrote (52203)	8/17/1998 2:23:00 AM
From: fiberman	Respond to of 61433

It seems like the Far Eastern markets at the moment are free falling. The Chinese market is down about 7%, while the Japanese market is down about 3%. God help us tomorrow. I wish I were in cash. This maybe a good time to look for ASNDs, and CPQs at good prices. It seems like the Internet stocks are taking it up the nose right now. Thus ist nicht goot!!!!!