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

To: sepku who wrote (28071)	12/17/1997 12:13:00 AM
From: Nazbuster	Read Replies (1) \| Respond to of 61433

Style, Everyone should read your GREAT post on CSCO comparing the two companies. Really well written. Message 2981515

To: sepku who wrote (28071)	12/17/1997 7:00:00 AM
From: Christian Mayer	Read Replies (1) \| Respond to of 61433

TO ALL: I am following this thread since last summer. First off all many thanks to everybody spending time&effort on participating actively and making this thread a very valuable one. I am long ASND shares at $47. I subsequently rode this baby down to where we are now. In the meantime i also bought LEAPS at a strike price of $40 and $30. Both when they have been out of the money, which means i paid a pretty low premium for them. My question now is, what is going to happen to my options if ASND gets taken over. Will they benefit in the same way as the share price increase or even better or worse. Second, does anybody know out of experience if it is more profitable ,after the share price was running up to certain profitable levels, to sell the options or to exercise them. Many thanks in advance, Chris