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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Douglas V. Fant who wrote (21219)11/5/1997 12:44:00 AM
From: john dodson  Read Replies (1) | Respond to of 61433
 
Hey, Anyone notice that Nov 25 calls are still 2 bucks! Even
with a close just above $25, and expiration in a little over
2 weeks, these things STILL closed at $2.

Having written some for $5 last week, I really want to close out,
but $2 is a bit high. What gives? Someone doesn't want that
option to lose its value. Maybe someone knows something?

I could risk getting exercised, but I think the chances are pretty
high of that happening.

-John Dodson



To: Douglas V. Fant who wrote (21219)11/5/1997 1:35:00 AM
From: hooter  Read Replies (1) | Respond to of 61433
 
Douglas, ASND's seeming death- spiral stock price may ward off any potential suiters who may be wondering what's really going on with this company........How about ASND taking the offensive? "ASND to acquire Cisco"...deal to close on April 1st, no foolin'....G..


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