Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 220.58

+5.0%

3:59 PM EST

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To: username who wrote (44424)	4/15/1998 12:30:00 PM
From: Nazbuster	Read Replies (1) of 61433

I can't sell naked options in the pension acct. Only covered calls. My JAN99@30 are looking good! I planned to take profits when ASND reaches 45+, but I think this baby is gaining acceleration and may shoot to $48-50. I don't want to go much beyond June and start losing too much time value. <<OT>> I am REALLY worried about this DOW acceleration and money pouring into whacko-valuation stocks. (Have you looked at CMGI over the last few days?) Stocks report poor earnings and go up 5%. This has all the signs of a top. What do you think?

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