Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 217.17

+0.3%

Nov 18 3:59 PM EST

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To: George Coyne who wrote (35641)	2/20/1998 5:29:00 PM
From: Ed Richmond	Read Replies (2) of 61433

Maybe he is referring to th $40 calls. We all know the 35's are worth a half. I think it is exchange regulations that they will force exercise options worth 3/4 or more, but it is not a requirement below that level. What that means is some people may decide not to exercise their 35 calls. If you are bullish, you hope everyone will. -Ed

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