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

To: Wesley Zega who wrote (35642)	2/21/1998 12:37:00 PM
From: Glenn D. Rudolph	Respond to of 61433

Now that the options have expired - will the stock be slammed next week. In short, was to run-up from 32 to 35 artificial inflation or reality. Wesley, I anticipate the opposite. The Market Makers really wanted ASND to close at 30. However, the market forces were more than the Market Makers could control. Rather than trying to keep ASND at 30, they made the 35 strike options enticing and made the open interest in the 35s higher than the 30s. They win again:-) Glenn