Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.55

+1.2%

12:59 PM EST

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To: Glenn D. Rudolph who wrote (35560)	2/21/1998 5:29:00 PM
From: Dex in TX	Read Replies (1) of 61433

Yes. I may be back for more though ... I've been confused by the fact that the OI number doesn't change from day to day even though there is significant activity (usually in equity calls). It is ENTIRELY possible that my provider (I use both the Internet and a Broker) has screwed up since they - E*TRADE - are horrible about things of that nature. However, I do have this question: If I bought a call, didn't someone else "sell to close"? If so, aren't those offsetting and thus the OI would stay the same? ...or, are we just trading the bag of candy that someone else threw on the table and not really "selling to close"? Sorry if I'm rambling a bit - like I said at first, I'm confused by this issue and I think it is an important one that I need to understand.

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