Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.33

+1.1%

Nov 28 9:30 AM EST

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To: Sowbug who wrote (39453)	3/17/1998 10:30:00 AM
From: MStonek	Read Replies (1) of 61433

<<In my book, a 100% loss on your investment counts as getting burned; thus, yields is "playing with fire," metaphorically speaking.>> I disagree. When you buy out of the money options 3 days before expiry you know that there's a good chance you'll lose 100% of your investment. As long as you're not betting the ranch, it's OK. And as it is turning out, much better (and safer) than selling puts. JMHO.

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