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Technology Stocks : Ascend Communications (ASND)
ASND 208.59+4.1%Dec 4 3:59 PM EST

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To: Glenn D. Rudolph who wrote (29383)1/5/1998 11:10:00 AM
From: George Coyne  Read Replies (2) of 61433
 
Glenn,

Maybe I'm dense, but to me, the upside is not limited for a covered call. Many times you can have your cake and eat it too. Naked put has upside of only the premium. BTW, did you mean "covered put" in your last post, or naked put?

G. W. Coyne
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