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

To: Gary Wisdom who wrote (39800)	3/18/1998 12:14:00 PM
From: Gary Korn	Respond to of 61433

Some time ago, someone put up a post showing that, month after month, ASND at options expiration is at or near a strike price. The few exceptions were when there was an event on the last day (such as a LU rumor) that suddenly knocked ASND off a given course. That being the case, it just seems to me that the odds favor a close on Friday at a strike price. I had thought 35 was it (and that is the most open interest). Perhaps this expiration trading pattern will be broken (we are now almost half-way between 30 and 35), but that would be a surprising result given the history of this stock. Gary Korn