Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 218.50

+6.9%

10:05 AM EST

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To: MMW who wrote (58571)	1/10/1999 11:53:00 PM
From: Klaus	Read Replies (1) of 61433

Question to all ASND'ers - what happens to the value of the leaps with large premiums? ie the 65 2000's are around $20 ... if asnd goes for 75 will they immediately drop to $10?? will the holder of the leaps get Lu leaps? i am in this situation. made a ton on the leaps that expire this fri ... I just rolled some of the gains in the 2000's and wonder what will happen. thanks klausr

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