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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn D. Rudolph who wrote (20871)	11/3/1997 10:46:00 PM
From: taxikid	Read Replies (2) \| Respond to of 61433

may also be safer and better to write the calls$30- and get 11/16-7/8x5k for novs- this way even @.75= $3750-fees returned $$ no risk- if they get called makes5kx.50+2500+3750=$6250-= as opposed to risking more $$ and more heartaches- $150k position for a small investor IS way out of line. the only way to safely repair a losing position is sell against it.{as opposed to waiting for it to recover and if it doesn't the time spent waiting costs you in lost interest} maybe selling the $25s and if stock falls further- buying them back would make sense depends on how liquid one is- taxi- i said i wasn't going to post but i got over it- let them excommunicate me- i ain't going out without a fight. taxi