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Technology Stocks : Ascend Communications (ASND)
ASND 220.58+5.0%Dec 12 3:59 PM EST

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To: Gary Korn who wrote (12289)9/13/1997 4:42:00 PM
From: Glenn D. Rudolph   of 61433
 
Gary, Thank you for the update on ASND. I will bookmark the new thread. It is my opinion the market has lost its mind by selling ASND so much. The down motion is causing me margin calls due to the naked puts I have sold. I am trying to accumulate as many positions as I can. Selling farther out naked puts. The market has so much fear that the premiums are terrific. I am hoping the earnings report will start the stock back up and in a hurry. I believe ASND has a bad earnings report already built into the stock price. My wife made a "funny" comment about ASND yesterday. She said Spock from Star Trek would go nuts because the market has no logic:-) Glenn
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