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Technology Stocks : Ascend Communications (ASND)

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To: Jeff Jordan who wrote (39063)3/13/1998 2:03:00 PM
From: blankmind  Read Replies (2) of 61433
 
there was a chart a while back showing the closing price of asnd on options expiration, almost every time it magically finished at the largest oi price, except for the lu rumor which pushed the price up in the last 1/2 hour of trading once. i use to joke with those who claimed asnd would finish here or there each month. gary now believes he has predictive capabilities on where asnd will finish, and he starts his prediction far to early in my opinion, but was correct last month, and 2 1/2 weeks ago predicted 35 for this month.

todays contracts so far is predominantly at 35 in the options. hopefully glenn will give us an oi update and his opinions on what they fortell at this point.

i still expect to see under 35 prior to expiration, as asnd has done each time it breaks 36.
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