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


To: Gary Korn who wrote (30334)1/15/1998 2:14:00 PM
From: Glenn D. Rudolph  Respond to of 61433
 


On the Jan 30s, I'm thinking now that ASND is going to pretty much dance around 30
through expiration. There will be pressure to move it up to 30, and pressure to keep it
from going above 30. That being the case, I'm guessing it makes sense to either sell the 30s
at anything above 3/8 today, tomorrow or Friday. (I know I'll be wrong.)


Gary,

It appears you are correct. I sold my calls yesterday at 5/8ths.

Glenn