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Technology Stocks : Ascend Communications (ASND)
ASND 215.25-1.0%Jan 15 3:59 PM EST
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To: peacelover who wrote (37639)3/4/1998 9:24:00 PM
From: Gary Korn  Read Replies (1) of 61433
 
Peacelover,

Thanks for your post. Agonizing won't help with the INTC-reaction. I'm learning that this is just part of the high tech investing game.

Anyway, query whether the INTC-reaction will interfere with an option expiration price of 35 (where the most open interest exists). I still doubt it. Even if ASND opens at 33 or 32 tomorrow, I still believe it can and likely will be guided towards 35 by March 20 (though not if this INTC thing precipitates a significant market-wide correction). Time will tell.

Gary Korn
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