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Technology Stocks : Ascend Communications (ASND)
ASND 204.41-1.0%Nov 14 9:30 AM EST

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To: Glenn D. Rudolph who wrote (44874)4/19/1998 7:29:00 PM
From: Chuzzlewit  Read Replies (1) of 61433
 
**OT**
Is there an accountant in the house? If so, I have a tax question relating to the exercise of options. I believe that there is some AMT tax consequence relating to the failure to exercise options issued by a company for employe and officer compensation. If so, could you explain in simple language how this works. It seems to be a recurring issue with many hi-tech companies.

TTFN,
CTC
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