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

To: Gary Korn who wrote (23931)	11/18/1997 2:00:00 PM
From: mark alan rosenberg	Respond to of 61433

Gary, I'm long. But today this looks like space junk.

To: Gary Korn who wrote (23931)	11/18/1997 2:07:00 PM
From: hpeace	Respond to of 61433

thread, raking in the Money... If you sold the mar 40 puts on asnd and you bot the mar 30 calls and then bot the oct 30 puts cheap..they expired.. then I bot the nov 30 puts when asnd was 35///// well I close those out for big profit... now I'm selling the nov 25 calls .. got a good price at yesterday's high. I'll buy them back at 1/4 if I get a chance. Next month I'll sell the calls naked again. I'm protected by the mar 40 puts and the mar 30 calls. I can just keep doing it on strong rallies. since I think asnd channels a while. could milk this thing for an extra 50k this way. In march asnd is still 40.... I'll buy puts again on the next strong rally.