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Technology Stocks : Ascend Communications (ASND)
ASND 196.81-4.9%Dec 9 3:59 PM EST
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To: Jack Colton who wrote (37186)3/3/1998 3:39:00 AM
From: Stimpson J. Cat   of 61433
 
First of all, they're taking their options and buying houses and boats, not laptops. Or more likely, reinvesting in ASND. Secondly, ASND's competitors did not have an option day and they mostly don't give out nearly as many options as ASND does.

I don't think ASND will regain their position today. Stocks don't go up significantly without some real good news. Also note that these option sales take 3 days before the employee gets the check. Longer if mailed. So if they want to reinvest in ASND it will happen on Friday or next week.
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