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Technology Stocks : Ascend Communications (ASND)
ASND 208.64-2.0%Jan 8 3:59 PM EST

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To: Roger Smith who wrote (3221)5/28/1997 7:01:00 PM
From: Glenn D. Rudolph   of 61433
 
It is funny. I had talked to Fidelity and was told that I could not buy leaps in any retirement account. I can only do coverred calls. Roger, That would make sense. No collateral is needed for covered calls. The underlying security is just producing income. Glenn
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