Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.29

-2.2%

Nov 19 3:59 PM EST

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To: STEVE who wrote (58814)	1/12/1999 4:08:00 PM
From: Alok Sinha	Read Replies (1) of 61433

I sold ASND puts (naked) Feb 65s for 2 7/8 today. Call option premiums are way too high, most likely will evaporate if and when news is announced. I was trying to sell Feb 85 covered calls at 3 7/8 at the close (don't think it went through though). Alok

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