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Technology Stocks : Ascend Communications (ASND)
ASND 211.05-0.7%Dec 1 3:59 PM EST

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To: Dennis R. Duke who wrote (35038)2/16/1998 9:24:00 AM
From: Gary Korn  Read Replies (1) of 61433
 
2/21/97---59.75
3/21/97---49.375
4/18/97---40.25
5/16/97---47.5 (obvious exception)
6/27/97---40.0625
7/18/97---50.0625
8/15/97---45.4375
9/19/97---36 (exception)
10/21/97-34.9375
11/21/97-25.375
12/19/97-27.3125 (exception)
1/16/98---30.0625


Dennis, thank you for reposting Mike Cammarata's excellent historical analysis of options expiration!

The 12/19 exception was, of course, a LU/ASND buyout rumor that popped up with 2 hours left on that trading day. Virtually all day long (before the rumor), the stock was trading at almost precisely 25.

Gary Korn
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