Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

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To: Glenn D. Rudolph who wrote (23354)	11/13/1997 8:12:00 PM
From: jas cooper	Read Replies (2) of 61433

The end of the day soothed me slightly. And my broker informs me that I have a lot of leeway before I face a margin call (he said they made 7,000 calls on Oct. 27th). Sold my CSCO and MCIC to reduce it somewhat anyway. I'm sure they will both go higher, but I'm not terribly confident in my investing lately. I do have more confidence in COMS coming back than ASND. With that crap about market consolidation from the CEO, I lost a little faith. COMS, though, is one of the cornerstones of networking, and [USRX] is one of the cornerstones of personal computing communications. Tell me again, if you sold puts at considerably higher prices, is your only option to pray, or do they still have some trading value if they are far enough out? Is there any way to hedge your positions? Let's hope the week ends on a positive note.

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