Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 202.96

-2.8%

Jan 9 9:30 AM EST

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To: Glenn D. Rudolph who wrote (3135)	5/14/1997 1:45:00 PM
From: david	of 61433

i think today's (or the last several days') drop are related with option expiration. i think asnd will close around 45 this friday and next week it will go back to 50 after fomc. i sold may40 call and watch it all the way up but i know it will be back to 45 this week. i do buy back my 40 call today. it's nice. anyone, if you want, just sell may 45 cc today and mostly you will keep the premium this friday. d.

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