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

To: Glenn D. Rudolph who wrote (20883)	11/3/1997 11:33:00 PM
From: taxikid	Respond to of 61433

<<one should sell the shares>> if one desires the loss. taxi- it all should be well thought out and discussed with both an accountant and a reliable broker that has had at least a few years experience dealing with repair strategies- i really don't know any brokers that specialize in it- they just buy and hold. my post referred to not selling at a loss- if one doesn't mind selling into the loss{which may be the best possible strategy} and is looking to play as well as hold- then the repair strategy keeps you in the game- if i was to take the loss personally i would not even bither with options-on asnd- but since we are talking large position and holding- then prudently one would sell something where there is no downside risk in having your shares called- and the money that comes in offsets any interim "paper{on underlying equity-loss" taxi