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Technology Stocks : Ascend Communications (ASND)
ASND 210.01+1.7%Nov 26 3:59 PM EST

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To: Jeff Jordan who wrote (25903)12/4/1997 9:06:00 PM
From: hpeace  Read Replies (1) of 61433
 
jeff, please reread my post......
I wanted to know which catagory you were in...
a simple answer is okay...
I figure you are in the last catagory
" you own the stock and are disapponited with the fallbck.."
during this last 60 days the best way to play asnd is cheap calls
to prevent losing 11k.
like today. I sold my march 30 calls and bot the dec 30 calls for 5/8's...cheap calls is the only way to play this market now.
and all stk has to have cheap puts to back it up.
I hope is goes to 40 in the next 11 days so you make some back.
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