Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 209.15

-1.5%

Nov 20 3:59 PM EST

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To: blankmind who wrote (35418)	2/19/1998 1:31:00 PM
From: Gary Korn	Read Replies (2) of 61433

blankmind, What is your take on next week? Do we get a pop from expiration hold back, or a fade from having pushed the stock up to 35 at expiration? Given concerns over Iraq, given the unpredictability of next week and given that there is some likelihood of a fade in ASND sometime within the next few weeks (if only because of a lull before earnings), I think it may make sense to lighten up just a tad. I would keep my naked Mar 40 puts and Jun 35 puts (as they still have time premium that I don't want to pay for to repurchase), but maybe give up a small percentage of shares for a while. Your thoughts? Gary Korn

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