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Technology Stocks : Ascend Communications (ASND)
ASND 210.01+1.7%Nov 26 3:59 PM EST
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To: AlanH who wrote (45006)4/21/1998 6:51:00 PM
From: Jan Crawley  Read Replies (2) of 61433
 
Hi Alan, If my May 45 & 40 covered call shares are called away from me on May expiry date, then I would have no position in Asnd. But if they expires, I would have the desirable number of core/long shares; which is approximately 25% of my original Asnd holdings. The cost basis is in the low 30s.

I would like to participate fully in the options opportunities Asnd has to offer. I have rooms to accommodate writing uncovered puts on regular intervals.

Thanks again.

Jan
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