Ascend Communications (ASND) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gary Korn who wrote (30716)	1/16/1998 2:07:00 PM
From: blankmind	of 61433

On the other hand,all the shorting that the MMs did today to keep ASND at 30 should start to unwind on Tuesday, so maybe we geta point or two before earnings are released - gary k astute observation, we should see some good upside on tuesday and wednesday as these short positions unwind, unless asnd can break out today and these positions begin to unravel early. but it does appear asnd will close below 30 1/2 with heavy volume from shorts keeping jan 30 options expiring worthless. Symbol/Description Bid Ask Last Change Volume ASCEND COMMUNICATIONS INC 30 1/4 30 5/16 30 1/4 15/16 7740100 QQAAF JAN 1998 30 CALL 1/4 1/2 5/16 3/16 4627 QQAMF JAN 1998 30 PUT 1/16 5/16 1/8 -7/8 1623

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next