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Technology Stocks : Ascend Communications (ASND)
ASND 209.98+4.3%Dec 11 3:59 PM EST
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To: Eric Hautemont who wrote (21624)11/6/1997 7:31:00 PM
From: S. M. SAIFEE   of 61433
 
Eric,

I bought twice in last three days. I was surprised to note that they are very liquid and have traded good volume and large open interst. Premiums are ofcourse high. I paid 10 and 9. for strike 30. I also sold LEAP puts for Jan 99 @ 30. Premiums not that much as usual on puts. I hope to sell every month calls against my LEAPS at least 5 to 10 points out of money.

Good luuck.
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