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

To: blankmind who wrote (26121)	12/5/1997 9:11:00 AM
From: Tim Luke	Read Replies (4) \| Respond to of 61433

This is where you have ti really think: 1. Do I cash out at 30 or hold for a ? 40. 2. Or do I take the 30 because if this falls through you will end up with 23 again. what to do??

To: blankmind who wrote (26121)	12/5/1997 9:36:00 AM
From: Bald Eagle	Read Replies (1) \| Respond to of 61433

<<i only ask because you have held with this loss (as so many of us have), why sell when you are so close after only one day to getting to even or a gain if these rumors are true?>> I won't have any choice when I sell, because I sold MAR 30 covered calls for 2 11/16. Ideally, I hope they don't get called and then I can sell sometime later next year. Again, my timing is not very good. On CNBC, they were saying something about LU being restricted from M & A until later next year. Details, anyone?