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Technology Stocks : Ascend Communications (ASND)
ASND 204.41-1.0%Nov 14 9:30 AM EST

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To: getgo234 who wrote (21821)11/7/1997 12:16:00 PM
From: Wesley Zega  Read Replies (3) of 61433
 
>Wesley: Would selling covered calls - perhaps sever years out >generate sufficient capital to eliminate the need to sell some stock >? Just food for thought.

I have to confess my ignorance about options, etc. I started out with mutual funds, Series EE bonds for my kid's college and some gambling money for the stock market.

I tried day trading with level II with my gambling money and got demolished. Then, I thought I'd take what was left of my gambling money to volatile high tech stocks like Ascend. ASND just aised the ante and I'm about to blink.

Wesley
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