Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 204.41

-1.0%

Nov 14 9:30 AM EST

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To: username who wrote (35722)	2/21/1998 4:56:00 PM
From: George Coyne	Read Replies (3) of 61433

<< I STILL want to hear from some old Wall Street dude that has to confess before he goes to the Big Trading Pit in the Sky about how he got the stocks to close right below the option strike price on the third Friday of the month, so we can all put his name in the "manipulation" posts. >> Pete, There was a guy who explained very nicely on one of these threads about 6 months back, over a number of posts, how the MM, though not specifically maneuvering the stock to a strike price, create a situation that appears that way by hedging their positions during the weeks preceding expiration. Wheew! How's that for a run-on sentence. Anyway I'll try and retrieve from the memory banks, as rusty as they are, those posts. Regards, G. W.

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