Ascend (ASND) Traders Message Board

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Technology Stocks : Ascend (ASND) Traders

ASND 197.33

-5.3%

Nov 5 3:59 PM EST

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To: Carl R. who wrote (286)	9/29/1997 11:07:00 PM
From: hpeace	of 369

carl, remember , I sold puts naked..I'm buying puts to protect against absolute collapse. Since I really beleive in this stock I can roll the puts Isold down and make out. asnd doesn't open at 13 tuesday. I'll now do another 1/3 and then on earnings do another 1/3. I see a bath and restructuring qtr. It looks like every bad think I posted as a possible happened. the only other thing that hasn't happened yet was currency loses..gg no one is putting you the stk so we are above 40 in mar 98. the bid and ask is 29 to 32 right??? right now my break even in mar is 35.5..the puts may make my breaken 37 and give me extra protection.

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