Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.50

+0.5%

Nov 21 9:30 AM EST

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To: Gary Korn who wrote (20197)	10/31/1997 11:31:00 AM
From: mark alan rosenberg	Read Replies (2) of 61433

Maybe a good way to play ASND right now- if your gambling on a bottom here. Buy stock at 26 and a fraction. Buy Nov 25 puts- around 1 1/4- for insurance. This will limit your downside over the next 3 weeks to around 2 1/2 points. Good risk/reward rlationship Mark

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