Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 219.76

+1.5%

12:25 PM EST

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To: username who wrote (30824)	1/17/1998 1:41:00 PM
From: Glenn D. Rudolph	Read Replies (2) of 61433

Each clearing firm has its own policy on what to do if the stock ends up at 30 or better. Many will call your stock away AUTOMATICALLY if the price closes at 30 1/4 or above. Pete, Feel free to correct me but I believe that automatic rule is on the CBOE page. I do not believe it is clearinghouse specific. I agree with you statement in its entirety otherwise. Glenn

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