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


To: Bald Eagle who wrote (28361)12/19/1997 2:50:00 PM
From: Alok Sinha  Respond to of 61433
 
The calls will get repriced, and the number of calls will change based on the conversion of ASND stock into the acquirer's stock (I am assuming a buyout will be based on a stock offer). It will be just like a reverse split.

Hanging tight to my ASND stock and call options (and Naked put positions)

Alok