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Technology Stocks : Ascend Communications (ASND)
ASND 220.42+4.9%Dec 12 9:30 AM EST

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To: K MAC who wrote (14615)9/26/1997 10:26:00 PM
From: Linda Kaplan   of 61433
 
K MAC,

I was pretty confident when I bought the ASND March 40 calls, (though I spent more than you did). I got nervous when a TA pundit who has an uncanny tract record recently said the stock was going to go to 15. Made me feel I should take a small profit in my calls soon rather than play them through. I don't have that much money in them but I've lost a lot in options lately and don't want to lose this, too.

Speaking of the sector and CISCO, one of the options that I lost on was CISCO Sept 80's. Lost the whole thing; painful. But made in some QCOM October calls which I recently sold at a nice enough profit to cushion some of the CISCO loss. Seems like we've been looking at a lot of the same things; or maybe you're looking at everything. (gg)

Linda
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