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Technology Stocks : Ascend Communications (ASND)
ASND 199.990.0%Dec 19 3:59 PM EST

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To: thebeach who wrote (38379)3/8/1998 12:54:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 61433
 

Where do you see ASND by option expiry? Do you think they will receive
an offer to acquire?


thebeach,

I do not anticipate an acquisition in the near future. This fall would be the earliest. I still believe 40 is probable at March expiration. The OI on the 40s for ASND is increasing but is not yet dominant.

Glenn
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