Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

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To: Spaw who wrote (52006)	8/13/1998 1:44:00 PM
From: ibrandybuck	Read Replies (2) of 61433

I see the activity in the Dec50 calls. I don't see it in the Dec50 puts. What is your reason for assuming it is bearish, rather than bullish? The Sept40 put action was yesterday and was accompanied by Jan30 2000 puts, suggesting a bullish someone is buying short term insurance, financing it by assuming longer term risk, and still managing to pocket a reasonable premium.

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