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


To: vegetarian who wrote (23336)11/13/1997 7:26:00 PM
From: Harry Ehrlich  Respond to of 61433
 
remember the pop to 35 at last expiration?

Yes, I do remember. I did check the cbot table earlier in the week and saw the options clustered around 30. That would explain the early start - much ground to cover. I'm on the sideline and tempted to go long, but once burned...

Technically, I think we are still in a bull market. But if ASND doesn't hit the number, the technical item you read would signal a bear market. However, it does appear that ASND is moving to that number. Tomorrow could be a pay day Friday (profit taking); so let's see how ASND does.

Harry