Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 207.16

-0.9%

2:02 PM EST

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To: john dodson who wrote (21227)	11/5/1997 7:13:00 PM
From: Douglas V. Fant	Read Replies (3) of 61433

John, I sold Nov 25 Call options myself- and am watching with interest the stock price over the next few days. I believe that we are bottoming around $25/share, but I do not know when we'll start to move higher- so like you I took a chance and sold the Nov 25 Call option.... But if you can make 7% on your money monthly- that's excellent right (although premiums moving forward would obviously fall if the volatility of ths stock is perceived to be lessening)... Sincerely, Doug F.

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