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Technology Stocks : Ascend Communications (ASND)
ASND 209.02-0.7%Nov 24 3:59 PM EST

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To: Mark Svereika who wrote (54039)9/10/1998 4:53:00 PM
From: Ingenious  Read Replies (2) of 61433
 
Intel?: 09/10 16:00 U.S. OPTIONS/VIX soars, rumors lift 3Com, others

CHICAGO, Sept 10 (Reuters) - Implied volatility on stock index and most equity options surged on Thursday as the market suffered another big spill, but a handful of stock options saw their volatility levels sprint ahead amid takeover rumors, traders said.

Among them were 3Com Corp. <COMS.O> and Ascend Communications <ASND.O>, which were rumored to be possible targets of Intel Corp. <INTC.O>.

Separately, Bergen Brunswig <BBC.N>, Comsat Corp. <CQ.N> and PSS World Medical Inc. <PSSI.O> were also at the center of takeover speculation.

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