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

To: Gary Korn who wrote (30750)	1/16/1998 1:03:00 PM
From: username	Respond to of 61433

Gary, I think that strategy is precise. My real time is down, what a wonderful surprise on the third Friday of the month...Don't know if it's my WDI hard drive this time...Tim, good call on the point...Dow and Comp holding up well...I don't think the sellers are selling today, I think they will wait till Tues. if they want out...no sense for day traders to hold over the w/e at this level...she looks healthy all morning, so...I think she will go up this afternoon. Kirk can get ready to say "I told you so" if I'm wrong. Gotta go. Thanks. pete

To: Gary Korn who wrote (30750)	1/16/1998 1:06:00 PM
From: Sector Investor	Respond to of 61433

R/O IRA investing is a unique situation. I can only buy-sell stock and sell covered calls. No puts or naked calls allowed. I can buy-sell as much as I want without tax consequences. I do all the option stuff in my cash acct, which unfortunately is nowhere near the size of the stock accounts. My problem is simple. I'm holding the shares for at least a few months, but watching daily as I always do. My call hold/sell decision is completely separate. I can sell the Mar '30s on Tuesday, no problem. If we get a short-term drop after earnings, I can buy back June options. If no drop, I still have Mar '25s and Jun '30s.