Ascend (ASND) Traders Message Board

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Technology Stocks : Ascend (ASND) Traders

ASND 197.33

-5.3%

Nov 5 3:59 PM EST

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To: Carl R. who wrote (246)	9/26/1997 2:19:00 PM
From: vegetarian	of 369

***************Off Topic Sorry******************* Carl, someone on the DEC thread said that somebody just bought 120K out of the money puts (Oct 40) on DEC, I looked at the vol and that seems to be true, there are no corresponding calls so may not be an arb situation. Would appreciate what your analysis of the situation is is someone just gambling with their money? doubt it, Many thanks in advance.

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