Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.50

+0.5%

Nov 21 9:30 AM EST

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To: FUZFO who wrote (48474)	6/10/1998 1:35:00 AM
From: Spaw	Read Replies (1) of 61433

Fuz, Closed half my long @ 49 for a 3/8 loss. Got into the July 45 calls yesterday at 4 3/8 and 5. Looking at the Jun 50's for a quick momentum trade. What do ya think about selling the June 50 puts? They're trading @ 2. Too scary? WOuld that be an unreasonably bullish move? Do all you '50 by next week' guys have the cajon's to short puts on this baby? Whoa nelly! I'm in wait and see mode myself. By the close tomorrow we should have a clearer picture. Good luck to all. Just my $.02, --spaw--

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