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Technology Stocks : Ascend Communications (ASND)
ASND 213.290.0%Jan 2 9:30 AM EST

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To: Gianluca Bacchiocchi who wrote (38416)3/8/1998 7:56:00 PM
From: Glenn D. Rudolph   of 61433
 
Along these lines, since Ascend has definitely performed better than the S&P500, isn't
likely that money managers will be buying Ascend leading up to options expiry? This in
effect could give us some support for a March 40 vs. a March 35, barring a catastrophe.
JMO.

Any thoughts? (or am I just arriving at the end of the discussion?)


Gianluca,

You are arriving at the beginning of the discussion. I would tend to agree that money woul move out of the semi and box makers to the networkers. That part has been discussed. I still do not see the "tug of war".

Glenn
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