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To: Gary Korn who wrote (4532)	10/3/1999 12:32:00 PM
From: john david martin	Read Replies (1) \| Respond to of 10027

Does anybody think that buying a Apr 30 call for $7 is not a good deal? If this stock does not hit 40 by mid April then there is something going on here that we don't know about. However if you believe like me that because this sector is oversold and due to come back paying $7 for this option could be one heck of a steal.

To: Gary Korn who wrote (4532)	10/3/1999 11:14:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 10027

1. When ASND dropped from 80ish to 22 in 1999, it was driven by fundamentals: The ISP market (ASND's then-primary market) suddenly dried up (these smaller players, unlike RBOCs, could not afford more equipment). When reality hit, ASND's stock price plummeted. Gary, I believe you meant 1997 here. 2. When ASND ran from 22 on up to 80ish in 1998, it was driven by fundamentals: ATM was hot (and still is) and the market appreciated ASND's (Cascade's) ATM product. Not entirely. A lot of the run-up was due to takeover speculation. Fundamentals are not a factor in the current market in my opinion. Glenn