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: gbh who wrote (44450)	4/15/1998 2:04:00 PM
From: Jan Crawley	Read Replies (2) \| Respond to of 61433

Asnd is doing well!! This is frustrating for me. I sold covered calls and uncovered puts. If none of them are called away and the puts are assigned to me; I would have more than my share of shares. Or I will have zero share if the opposite happens. And I have to wait another month to find out.. Jan

To: gbh who wrote (44450)	4/15/1998 2:24:00 PM
From: gbh	Read Replies (2) \| Respond to of 61433

Anybody care to speculate on today's close? I say 40 7/8.

To: gbh who wrote (44450)	4/15/1998 2:26:00 PM
From: username	Read Replies (2) \| Respond to of 61433

The switches go for somewhere between 30 and 50 grand. This is mitigated by several factors, the deal LCI got, the contents of the switches, and the exact number of switches. So an "educated guesstimate" on the order is: 1.2 million to 2 million. I'd have to know more about LCI to get a feel for the future, but my assumption is that LCI will be ordering additional product. I'm also assuming that the contract announcement is worded very conservatively. It is my understanding that the mood in the sales dept. at ASND is upbeat. I'm checking a few other sources for additional info. I'll post on the LCI thread and see if anyone knows anything. pete