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: Jan Crawley who wrote (35644)	2/21/1998 12:44:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 61433

You mean if majority of the 35 call owners elect not to exercise their rights over the weekend, then the MMs will try to unload those shares early next week? Jan, The 35 call owners have to instruct their clearinghouse to exercise in this case. Chances are most sold their calls at close for 7/16ths with very little left to them after commission. Glenn

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