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Technology Stocks : Ascend Communications (ASND)
ASND 196.81-4.9%3:59 PM EST
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To: Dennis R. Duke who wrote (57183)11/14/1998 1:04:00 PM
From: Nazbuster  Read Replies (1) of 61433
 
Dennis, Held from $46 to $22 and back:

Nice to run into you again. I started at 59, bought on the way down, but too quickly (40's and 30's). If the darn options weren't so pricey, I'd buy calls every time the stock gets pounded down 10-12 points and sell them on the rallies, or sell calls on the rallies and buy them back on the dips if you want to chance losing the gains if it really takes off. The premiums are just too darn costly right now.
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