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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: Tim Luke who wrote (17629)10/13/1997 3:20:00 PM
From: hpeace   of 61433
 
tim, I can stand it, that's 3.75 point gain on my spread position and
30k profit on wht was a very very safe play with no real cash outlay.. just some margin to establish my naked put position.
I've learned to always expect the street to do the opposite.
wouldn't take much to push this stk over 40 if eurpe and japan kick lose.
already hit 35 today and that was a minority view two weeks ago.
maybe my friday close of 35 will come true.
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