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


To: Dennis R. Duke who wrote (49514)7/4/1998 7:04:00 PM
From: Gary Korn  Read Replies (2) | Respond to of 61433
 
Dennis,

1. ASND is reasonably solid, so why not do conservative out of the money naked puts on it (in combination with long shares, if that is your preference)? I don't think these puts are terribly ill-advised for the inexperienced. Actually, they are safer than a long position, as at worst you are buying stock at a discount.

2. I really don't know anything about RDRT, so can't respond on it. I never did jump on the RDRT bandwagon when you mentioned it a while back. I see from the chart I had a chance a couple of weeks ago at 6ish, but I've just not been paying it attention.

Gary Korn