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Technology Stocks : Ascend Communications (ASND)
ASND 210.50+0.6%3:59 PM EST
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To: Johnathan C. Doe who wrote (22977)11/12/1997 4:06:00 PM
From: vegetarian  Read Replies (2) of 61433
 
ASND has been holding well in the sell off.
I bought speculative DEC 25 calls on ASND will sell them for
profit when ASND hits upper 20's.
The option expiration could push it in upper 20's.
If it goes to 30, good time to go short or buy puts.
This time I will buy only puts if it hits 30 so that the investment is protected from a takeover.
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