Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 196.46

-5.1%

1:21 PM EST

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To: mark alan rosenberg who wrote (21837)	11/7/1997 12:38:00 PM
From: taxikid	Read Replies (2) of 61433

i disagree- but i have not lost 111k either- if the man has enough equity- writing the calls are safer at these levels than buying puts- if he has to add to margin then so be it- if not then he should either hold for the next year or dump his loss- entirely up to his pocketbook- i wouldn't dump a loss unless i see something better to do with my money- lost 2k in twa during crash- dumped for earnings uncertainty but had other stock to trade that gave me back 2200- twa recovered immediately but i was happy to cut and run into something else- 90% cash and waiting- and very happy i sold off my position yest for a 3/16 gain- at least i got comm and a few pennies- taxi

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