Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.00

-2.4%

10:12 AM EST

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To: Gary Korn who wrote (30744)	1/16/1998 12:15:00 PM
From: Sector Investor	Read Replies (1) of 61433

<<I have to say that I am a little worried about the "buy on the rumor, sell on the news" effect. That being so, I do want to lighten up or eliminate my March 30 call positions on Tuesday before earnings, perhaps replacing them with 1/2 as many shares or fewer. I'd do this because I can wait for 2H98, but my March calls can't.>> Most of my calls are Mar '25 and June '30s. I have some March '30s that will be the first to go. I have a unique problem in that my shares are mainly in R/O Iras and my calls in a cash account. So I have to pick the best time to unload, but won't be buying any more shares. Comments on selling later today vs Tuesday-Wednesday or later?

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