Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 209.35

-1.4%

3:59 PM EST

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To: djane who wrote (50785)	7/30/1998 2:35:00 PM
From: Mighty Mizzou	Read Replies (2) of 61433

WSJ Options Report Found in today's WSJ.(Interesting that both companies declined to comment. However, options activity was from rookies. Smells like a rumor to me! :o) <VBG>) Stratus Computer Corp. jumped on speculation the computer-systems maker would be acquired by Ascend Communications Inc., a data-networking equipment company. The stock rallied, but the options failed to confirm the strong interest that traders expressed in this beaten-down equity that set a 52-week low in early July. Both companies declined to comment. Options trading was dominated by nonprofessional traders willing to pay any price for the contracts, a Stratus trader said. The August 25 call gained 3 1/16 to 4 1/4 on volume of 533 contracts, compared with open interest of 483 contracts. The stock gained 4 3/4 to 27 13/16. (OT How 'bout that Rambus! Looks like they got it made in the shade.)

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