Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 207.04

+0.7%

Dec 8 3:59 PM EST

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To: Verona who wrote (14753)	9/28/1997 12:15:00 PM
From: Glenn D. Rudolph	of 61433

Are you looking into the 1 st. 1/4 for upward price movement? I just bot some dec. 35s. Does that seem a bit early? Verona, Not necessarily early. If I buy calls, I always buy more time. I sell puts for the near expiry but to do the strangle they need to match in expiry. You bought a fair amount of time. The time premium of your calls will not dissipate quickly as of yet so this my be a great move. No one really knows for sure. Glenn

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