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


To: hpeace who wrote (25966)12/4/1997 11:59:00 PM
From: Bald Eagle  Read Replies (1) | Respond to of 61433
 
<<how is your asnd position doing>>
Well, better than it was a few days ago. I sold Mar 30 covered calls today for 2 11/16. If this acquisition is for real, then I should get 32 11/16 out of my shares. I got in at 41 and change, so I'll be taking a loss, but ASND is only about 5% of my total portfolio, so it's not a disaster. Better than selling for about 22 which I was tempted to do recently. Thanks for your interest.