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


To: craig crawford who wrote (42029)4/2/1998 9:38:00 PM
From: Austin S.  Respond to of 61433
 
Need some ASND advise for those knowledgable....

I sold 10 ASND options re: June 40's for $2.0. I'm thinking about going ahead and buying them back now, even though I'm going to have to pay for my shortsightedness. Does anyone believe this is a good move or is the consensus perhaps that ASND will likely pull back? Should I buy back and perhaps sell again in a few weeks or sit tight?

-Green & uncertain.



To: craig crawford who wrote (42029)4/2/1998 10:01:00 PM
From: Glenn D. Rudolph  Respond to of 61433
 
I like A$ND and am still bullish on it but internet stocks are just a tad bit more exciting
for me right now.


They certainly have been for the last week or so.

Glenn