Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

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To: Gary Korn who wrote (30334)	1/15/1998 2:14:00 PM
From: Glenn D. Rudolph	of 61433

On the Jan 30s, I'm thinking now that ASND is going to pretty much dance around 30 through expiration. There will be pressure to move it up to 30, and pressure to keep it from going above 30. That being the case, I'm guessing it makes sense to either sell the 30s at anything above 3/8 today, tomorrow or Friday. (I know I'll be wrong.) Gary, It appears you are correct. I sold my calls yesterday at 5/8ths. Glenn

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