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Technology Stocks : Ascend Communications (ASND)
ASND 212.33+1.1%Nov 28 9:30 AM EST

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To: Schiz who wrote (13373)9/18/1997 11:19:00 AM
From: Howard Wong   of 61433
 
Ken:

Just checked the option for ASND Oct 35, it is 3 1/2 ask -- implied volatility is 80-.

I couldn't agree more about what you said - if enough people buy for the same pattern, the stock would go the other way. But what is happening here is people don't think the ASND is coming down. That is the scary part.

What do you think?

-Howard
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