Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

3:59 PM EST

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To: Tim Luke who wrote (34941)	2/15/1998 7:24:00 PM
From: Gary Korn	Read Replies (1) of 61433

I think asnd will trade as high as 38, and it could trade as high as 40. I don't there will be one down for the stock all week, it is a focus stock right now and that will help keep the stock going. Tim, Just a thought: Implicit in your conclusion is that there will be no options expiration pressure. (Certainly not to 35). Given how tightly the MMs have steered ASND at expiration over the past months (only to be blown out by the occasional last minute rumor), I will be curious to see if they continue to retain that ability. Gary Korn

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