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

To: Bald Eagle who wrote (34910)	2/15/1998 1:22:00 PM
From: jach	Read Replies (1) \| Respond to of 61433

<<I anticipate $35 for ASND at expiration.>> Well, since the close on Friday was 34 7/8, I would say that you're not sticking your neck out much. I agree that the close on Friday 20th will probably be close to 35 if not right on. However, then what? I say we'll see 32 before we see 38. Anyone else care to hazard a guess, educated or otherwise. As always, just my humble opinion.>>> with so much OI for 30 and 35 strikes for calls, won't be surprised if it hovers down to 30s. If for some reasons, goes to 35+ with momentum we can see quick upward to 35+ possibly to 38-40 also.