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

To: Jan Crawley who wrote (44455)4/15/1998 2:40:00 PM
From: gbh  Respond to of 61433
 
Puts and May 45's look like good moves now. You may lose the May 40 shares, but who knows.

I honestly don't think we get another 10% in 1 month.

I'm guessing this play works in your favor up to about 44-45, correct? Above that, you would have been better just holding the stock?

You should be ok.


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