Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.50

+0.5%

Nov 21 3:59 PM EST

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To: Sowbug who wrote (36525)	2/26/1998 12:49:00 PM
From: Jeff Jordan	Read Replies (1) of 61433

Jeff, a general options question for you: I own 10 March 35 calls. If I agree with your post that ASND will hit $40 right at the end of trading March 20, then should I wait until then to sell my calls? Sorry, I can't give you advice on options...they are too risky! But it is my opinion Mar 35 will be cheaper next week? Unlike Tim I do not believe $40 is coming soon...Thats why I'm not in ASND at the moment. I think at best Ascend is taking a breather...Don't buy options unless you are certain a big move is coming...is my best advise. SMOD would be more appealing to me? Best of luck, Jeff

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