Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 199.47

+1.1%

Nov 6 3:59 PM EST

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To: uu who wrote (30413)	1/14/1998 5:24:00 PM
From: Bald Eagle	Read Replies (4) of 61433

I am interested in opinions on my ASND position. I bought several months ago at 41. I decided to raise a little cash recently, so sold Jan 99 45 calls. My reasoning being, it looked like it would be a long time for ASND to move up above 41 and even if it did go as high as 45, I would at least make some money. In the meantime, I could put the call money somewhere else. Anyway, with the recent upward move, I'm tempted to buy back my calls ( at a loss ) and free up my stock, maybe to sell a shorter term call. Is this ASND upward trend for real? Suggestions?

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