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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: Rohit Sood who wrote (9820)8/27/1997 12:37:00 PM
From: Cashin   of 61433
 
Rohit, maybe you're right. It's just the nervousness and pre-laborday sale. I see the OI of sep45 and 50 calls declining since yesterday in contrast of the crazy selling a couple days ago. Somebody (could be the MM) is covering their calls. IMHO, ASND will bounce back after the long weekend and the sentiment will change. However, onething I am not sure about it: there is an insider activity in
stocksmart.com

I don't have the access. Could somebody help?

Regards,
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