Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 211.69

+5.1%

12:35 PM EST

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To: david who wrote (14789)	9/28/1997 4:40:00 PM
From: hpeace	of 61433

david, yes I have already backed into the logic..but since you pay for their service it should be worded that the conf was that friday for those players. I just had a rather large positon of cash free up. I've only followed asnd closely since friday, so no slights are needed since this is obvious and I stated that already on another thread. BUt, I don't pick losers,,,,anyone who knows me knows that. I have folllowed their prodcut for 4-5 yrs and have pruchased maybe $300k worth of their products. I'm hoping the cisco 50% price drops on old prodcuts monday will give me a even better opportunity. I will sell 100 of the asnd mar 40 puts naked and buy 100 of the mar 25 puts. And, close it out by buying 100 of the asnd mar 30 calls. cost all three postions is only $3-4 a share.

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