Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: peacelover who wrote (38394)	3/8/1998 5:11:00 PM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 61433

It is a pleasure to respond to you at least once since I joined SI. I like your prediction of $40 by March expiration. I have been debating about unloading my remaining shares around 36, 37 or hanging on to them. I think my inclination now is to hang on to them till 40, peacelover, It is a pleasure to meet you too. I heard very nice things about you also. The prediction of 40 is till a bit of a stretch although the OI in 40s is gaining on the 35s. Two weeks prior it was heavily in favor of 35 but that was due to this option cycle which is the longest for Ascend except for LEAPS. A few months ago the March cycle was open and no one was looking at 40 then. The stock was trading in the 20s. I still believe 40 may come to pass. I will lose that belief when the 35s begin a further lead on the 40s in the OI. Glenn