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

To: Tim Luke who wrote (54976)	10/1/1998 4:27:00 PM
From: James A. Venooker	Read Replies (4) \| Respond to of 61433

Tim, Would someone please put the cork back in the bucket. If any more water pours out, I'm afraid we may fall into a R-E-C-E-S-S-I-O-N! This is the last time I am going for a ride. My f-in nerves can't take this sh-. Next significant bounce up, and I am OUT! If LU does not move on ASND before OCT 30, I will not hang around to watch the massacre. Where is Ronald Reagan when we need him most? Or George Bush or Dole for that matter. Jamie

To: Tim Luke who wrote (54976)	10/1/1998 4:29:00 PM
From: Narotham Reddy	Read Replies (1) \| Respond to of 61433

Does this mean anything for tomorrow ? 16:24 [MER] MERRILL SAYS 2ND BIGGEST EXPOSURE LESS THAN 15% OF LTCM EXPOSURE - REUTERS. 16:24 [MER] MERRILL SAYS REMAINING $700 MLN EXPOSURE IS BROADLY DIVERSIFIED - REUTERS. 16:23 [MER] MERRILL LYNCH SAYS LTCM REPRESENTS BIGGEST EXPOSURE AT $1.4 BLN-

To: Tim Luke who wrote (54976)	10/1/1998 4:40:00 PM
From: Daniel W. Koehler	Respond to of 61433

Tim Sold my ASND Oct 45 puts today for a double...but I stuck my toes in water with some Jan 50 calls when you got bullish couple a days ago. I can't see it going below 38 nt may buys some deep in the money Jan calls next week, although I hate to go long early in oct. Market just took a little takeover premium "wind" out of the ASND sails today. LT attractive and we should rebound going into earning next week. Altho Im out of town and need to do more research . Ciao, Daniel PS. Sure was hard to buy the ASND puts last week but seems like a no brainer now. You were right about the Oct 1 hype being a sure indicator that ASND would tank - everybody has been waiting for this and that's a sure sign that MM's would shake the tree. Let's hope we bounce strongly off 7400 - usually like to buy big on second bounce.

To: Tim Luke who wrote (54976)	10/1/1998 4:50:00 PM
From: Howard Feinstein	Respond to of 61433

Tim, everything seems so damn cheap because you are relating the "now" prices to the "then" prices! The trick is, you may not see the "then" prices again, or at least not in the near future! Howie