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Technology Stocks : Ascend Communications (ASND)
ASND 220.58+5.0%3:59 PM EST
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To: Paul M. Rengier who wrote (24123)11/20/1997 3:20:00 PM
From: Thomas M.   of 61433
 
...Does this mean that the stock will end up at 37.5 on expiration day?
No, for a number of reasons, but it's where the MM's INTEREST lies,
which can definitely influence the stock in the absence of news or
other forces...

This is an important point, because option-sellers are just one force out of many. They cannot move mountains. Or beached whales, like ASND. -g- Is anyone here a marine biologist? -ggg-

Tom
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