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Technology Stocks : Ascend (ASND) Traders
ASND 196.01-0.8%Nov 10 3:59 PM EST

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To: Ray Jahn who wrote (65)9/9/1997 10:56:00 PM
From: rkf   of 369
 
I haven't followed ASND that closely, but is obviously a
rolling stock. It looks like the big traders are really
rolling with the bigger name techs now. If I clear out a big
position with DELL in Sept., I may try the same move with SEG or WDC.
I'll take a move from $40 to $50 all day long and write the
$50's about 45 days out when the stock hits strong momentum.
My only concern for any of these stocks is any sign of a bear
market will do a major number, but a hit can be repaired
over several months by writing more CC's.

Kent
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