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Technology Stocks : Ascend Communications (ASND)
ASND 215.25-1.0%Jan 15 3:59 PM EST

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To: Riskmgmt who wrote (17677)10/14/1997 10:04:00 AM
From: hpeace   of 61433
 
ray, it should say, that if the stock is like 38 on friday, then buy the oct 35's back for 3.0625.
Then sell the nov 35's on this friday too.. for 5-6 points.

then next week on a pull back , you can buy the nov 35's back and there is your porfit...
does this make sense.
it's a std. repair mentioned in mcmillan.
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