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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

3:59 PM EST

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To: ALAN who wrote (51163)	8/1/1998 3:32:00 PM
From: Joseph Colombo	of 61433

<<Accordingly, during a period when we are losing money or breaking even, management is making a profit on these re-priced options. I wonder if management would make the same decisions if their compensation was on the line.>> ALAN, This being the case, I don't have to wonder what they would have done. They wouldn't do what would make them all lose their options value. It's human nature. Joe

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