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Technology Stocks : Cabletron Systems (CS: NYSE) -- Ignore unavailable to you. Want to Upgrade?

To: blankmind who wrote (2936)	2/13/1998 10:40:00 PM
From: Peter Yang	Read Replies (2) \| Respond to of 8358

Well, yesterday, after I read about the recent insider sales by ASND vice president and other directors and also the article on Forbes about that ASND even didn't have an annual budget until three months ago for about 10 years, plus the huge open interest at Feb 30, I decided to sell Feb 30 covered call. Maybe I shouldn't have done that since from the TA point view, ASND is trading above the upper Bollinger Band and MACD is also indicating north. However, the TA for CS is not bad either right now, it's just above 50 MA and also trading above the upper Bollinger Band with a positive MACD. Plus, CS is much cheaper and is one of the BIG FOUR network companies. Thus, I figured that I might get higher percentage return in 6-12 months. Though, I might be wrong as usual!