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


To: Joseph Colombo who wrote (38097)3/6/1998 3:10:00 PM
From: Peter Yang  Respond to of 61433
 
I hate to sell calls on ASND. My timing is very bad. Last time I sold covered Feb. 30 calls when ASND was 32 15/16 after I read the article about ASND on FORTUNE. It was down in the morning, but about 10 minutes after I sold, ASND ran up on an upgrade. I had to cover at a loss two days later. Though, it's really tempting to sell March 35 calls right now. However, I'm afraid......