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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%Dec 5 9:30 AM EST
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To: Tim Luke who wrote (51421)8/3/1998 2:25:00 PM
From: James A. Shankland  Read Replies (1) of 61433
 
thebeach writes:

OK should I hold my AUG40 calls?

And Tim Luke responds:

Don't ask me because I don't know Jack about calls, I stick to what I know best and that is buying and selling. I never short, calls, ect. ect., I like to keep my trading as simple as possible.

Well, since the calls are in the money, with little time premium, thebeach's question is virtually equivalent to:

"Is ASND going to go up or down in the next three weeks?"

Too short-term for me to venture much of an opinion, but maybe Tim would like to take a stab at the rephrased question ...?
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