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

To: Thomas M. who wrote (27068)12/8/1997 9:00:00 PM
From: mark joyce  Read Replies (1) | Respond to of 61433
 
and those options expire on the 16th?



To: Thomas M. who wrote (27068)12/9/1997 1:19:00 AM
From: jach  Read Replies (1) | Respond to of 61433
 
<heavy options pressure to keep ASND at or below 30 by expiration.>

on the other hand, because of heavy options at 30 and
35 strikes, if ASND can muscle into mid 30s in the next few days
(better in short bursty upward movements) for whatever reasons
(news, rumors, and/or more buyers ..), it can very easily rocket to 35, and maybe to near 40'sh.


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