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

To: username who wrote (35682)	2/21/1998 11:55:00 AM
From: Glenn D. Rudolph	Respond to of 61433

*G7: ASIAN EFFECT ON '98 WORLD GROWTH 'SHOULD BE MANAGEABLE' Futures World News - February 21, 1998 10:51 FLASH FINANCIAL CURRENCY ECONOMY STOCK V%FWN P%FWN End

To: username who wrote (35682)	2/21/1998 3:00:00 PM
From: Marc Hyman	Read Replies (1) \| Respond to of 61433

options/diluted earnings thing under control Pete: I don't think incentive options play a part in diluted earnings until they are vested. I don't know the current terms, but it it used to be a 4 year vesting period with 25% on the 1st anniversary and then 1/48 per month for the remaining three years. Options could also be given as a form of bonus. Those vested at a flat 1/48 per month. Ascend has always been generous with options. Of course I could be 100% wrong :-) // marc