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: Tim Luke who wrote (58919)	1/13/1999 1:33:00 AM
From: Alok Sinha	Read Replies (2) of 61433

Talk about timing. Sold naked Puts (Feb 65s) of ASND for 2 1/2, bought another 400 at 75 3/4 today. Now the question is: How much will LU fall tomorrow. Does it make sense to bail out in the morning and get back in later. I don't share everybody's enthusiam that LU will be substantial higher in a few months. NT/BAY merger and COMS/USRX meregr did not really pay off for me , so I am tempted to take money off the table at $90 per share. Any guesses for tomorrow's action. Alok

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