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

To: Inga who wrote (41185)3/26/1998 1:06:00 PM
From: gbh  Read Replies (3) | Respond to of 61433
 
Lanny, got you both beat (although I don't like to admit it). First buy on ASND was actually a buy on CSCC at 43 1/4 (that split adjusted to 61 3/4 on ASND, ouch!!!) on 1/24/97. I did have the faith (stupidity???) to buy on the way down. Loaded up under 30 with two large buys under 25. All in all, still need about 38 to break even.
Like to know who has stuck it out longer.



To: Inga who wrote (41185)3/26/1998 2:15:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 61433
 
I established a very large biased straddle at 35 so I am not losing money if the price drops. However, Asnd needs to be at 40+ before we can completely recovered and in the black for a change. Good luck.

Thanks Lanny, I am doing pretty good. Have to learn what "a very large biased straddle" is; but I do think Asnd will be 40 and more before too long. BTY, do you own INTC?

Best wishes to you and your wife; I think that you are in good Hands!
:))

Jan


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