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Technology Stocks : Ascend Communications (ASND)
ASND 222.07-0.2%Feb 9 3:59 PM EST

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To: Sector Investor who wrote (8979)8/15/1997 6:39:00 PM
From: Glenn D. Rudolph   of 61433
 
Sector, Thank you. It seemed as though I was being attacked for everything I do. I thought I would share that. Expiration is over. I am happy to see this one behind us. I felt trouble with this one due to the market run-up and so many other puts out of the money and calls in the money. Not true with Ascend but a bad down market was not going to help Ascend. I hope and anticipate a sell-off Monady AM and then a steady move back to our prior pricing in the low 50s for Ascend within a week or two. This was the last expiration during the summer duldrums. Glenn
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