Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 196.84

-4.9%

3:59 PM EST

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To: vegetarian who wrote (17947)	11/11/1997 10:38:00 PM
From: Observer	Read Replies (1) of 61433

M: We talked about ASND's rise just prior to option expiry, how the large number of Oct Puts influenced the price rise when the rest of the techs were moving down. Now ASND is trading in the mid 20's. So the question is, all the mutual fund managers and others holding a big stake, why didn't they dump their shares into the rally knowing very well that it was just an abberation. Your thoughts please.

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