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Technology Stocks : Ascend Communications (ASND)
ASND 200.33-3.2%11:49 AM EST

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To: Gary Korn who wrote (35164)2/18/1998 12:36:00 AM
From: JR2   of 61433
 
Gary buy more asnd on dip to 32 area then Write jun 40' calls and jun 30 puts ...no naked calls just puts... sit back and wait for LU deal... do it again for Oct. which is probably month of merger based on your astute feel for when cash can be utilized at LU.. Takeover stocks 95% of the time go down after a long NEWSLESS weekend...I.E. ASND, SHVA, CS, FORE, NSCP.....Too many LONGS to shake out! Regards, jr2
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