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Technology Stocks : Ascend Communications (ASND)
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To: Glenn D. Rudolph who wrote (38407)3/8/1998 7:28:00 PM
From: Gianluca Bacchiocchi  Read Replies (1) of 61433
 
<<Window-dressing is the term for investment managers dumping
stocks that lag benchmarks like the S&P500 index and buying
better performing shares to put a better gloss on their
portfolios by the quarter's end.>>

Along these lines, since Ascend has definitely performed better than the S&P500, isn't likely that money managers will be buying Ascend leading up to options expiry? This in effect could give us some support for a March 40 vs. a March 35, barring a catastrophe. JMO.

Any thoughts? (or am I just arriving at the end of the discussion?)

GB
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