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

To: Jan Crawley who wrote (41860)	4/1/1998 4:09:00 PM
From: Sowbug	Respond to of 61433

Good luck to you, too. It's trite but true: nobody ever went broke taking a profit. My only ASND position is long calls @ $35. I'm past 100% on my return now on them, and last time I felt this good was the Friday it hit $38 a few weeks ago (remember, the next Monday it started that nasty decline, eventually hitting $31 by options expiration, and causing me to lose half my profit). But my calls are for June so I feel safe letting them ride. I feel relieved to re-balance the profit/risk equation. Good luck to you.