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Technology Stocks : Ascend Communications (ASND)
ASND 196.81-4.9%Dec 9 3:59 PM EST
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To: Andrew White who wrote (18056)10/17/1997 12:07:00 PM
From: Andie Wei-Ku Lin   of 61433
 
Since options point to resistance at 35, a "good day" will be
if Ascend closes above 35 by 1/4 or more points, which will
suggest that a large group of put writers are willing to take
the loss on Oct 35P contracts...which have high open interest.
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