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Strategies & Market Trends : Tech Stock Options
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To: Kevin who wrote (5615)2/26/1997 2:49:00 PM
From: David Cope   of 58727
 
ASND - Mar 60 Puts. Well I guess Im the only one buying these.

I may be wrong but you guys have some nerve writing them in this kind
of environment. I'm very happy at an average of about $3. If need be,
Ill roll into later months or at least sell 55's against them if we
have no move soon.

I can imagine many switching out of ASND and into CSCO, COMS, CSCC at
least short-term purely based on valuation. We'll see. My target is $38.

BTW, anyone noticed the similarity between charts of USRX and CUBE
over the last 2 years ?

Good luck.
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