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

To: Jeff Jordan who wrote (39212)	3/14/1998 8:09:00 PM
From: Glenn D. Rudolph	Respond to of 61433

Now we just have to deal with options pressure.:-( I bet we hit near 37 again Monday then come back down near 35 11/16 then trade narrower til Friday....Just my hunch Jeff, My hunch has been 40 by expiration. The OI certainly favors 35 as we see now. If we do get a decent bounce on Monday, there may be a lot of 40 call buying that possibly could change the percentage difference. We should also see closing of the 35 calls before the rest of the time premium evaporates. I have not given up on 40 but certainly would not bet the farm on it. By the way, I do not have a farm<G> Glenn