Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

3:59 PM EST

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To: Glenn D. Rudolph who wrote (33693)	2/6/1998 12:12:00 PM
From: Paul M. Rengier	Read Replies (2) of 61433

You have me confused. Why not sell your shares and write Feb 30 naked puts instead of selling covered calls at a strike of 30? Glenn, simply, selling naked puts is a bullish move, while you expect ASND going down short time. Selling the shares could make your gains taxable. sorry for confusing you. Paul

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