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

To: djane who wrote (44661)4/16/1998 10:30:00 PM
From: Dennis R. Duke  Read Replies (2) | Respond to of 61433
 
Yeah, but what about the options effects tomorrow.

Could it be that the options play causes the rotation to be delayed until Monday?

Could it be that BAY and everyone else will close at a favorable strike price for the option makers?

Could it be that ASND $40s actual work?

The market will tell us soon. But I think the options thing has to come into the thinking....

Dennis



To: djane who wrote (44661)4/16/1998 11:18:00 PM
From: Nick Kuritzky  Respond to of 61433
 
I disagree. I think it is more likely that all the networkers except CISCO will be down in sympathy with Bay, but options expiration may keep Ascend close to 40. Ascend seems poised for a minor pullback after its recent surge. I wouldn't be surprised if ASND falls a point or 2 tomorrow.


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