Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 220.42

+4.9%

Dec 12 9:30 AM EST

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To: Immi who wrote (12337)	9/14/1997 12:03:00 AM
From: Matt Webster	of 61433

Just pointing out that ASND has broken below all its moving averages including the 200 day, plus through the 52-week low. I think it's time to sell some at the money or slightly in the money puts at the October expiration, and barring an open at 40 on Monday I will do just that. More optimal, perhaps, is to sell the Oct 35 or 40 puts and buy the Jan 99 40 or 45 calls. Matt

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