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Technology Stocks : Ascend Communications (ASND)
ASND 196.81-4.9%3:59 PM EST

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To: scott maragioglio who wrote (36789)3/1/1998 9:19:00 AM
From: Glenn D. Rudolph   of 61433
 
Yeelds are some sort of custom made equity linked derivative product. I didn't check
them out to see what they are doing, but firms have people dream up these derivatives to
supposedly lower risk and still get the upside of a stock like Cisco.


Scott,

Is it the "Firm" that benefits??

Glenn
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