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

To: Pat Hughes who wrote (56392)	10/22/1998 6:11:00 PM
From: Mighty Mizzou	Read Replies (1) \| Respond to of 61433

This is a good investment. I know it is, we all know it is. That's the problem!!! Im headed to Scruffy's for a double Martini, no olive. Arghhh!!!! PS Dont eat at BC. Repo meat! Dont mind Iomega though, really like my ZIP!

To: Pat Hughes who wrote (56392)	10/22/1998 9:04:00 PM
From: zyx1996	Read Replies (3) \| Respond to of 61433

To all: whoever trade options, I need your help. I used my etrade account sold two Oct 15 put of PLAT. The stock was close @ $15. But I still assigned to buy 200s of PLAT @ $15. The PLAT was trade most time of the day above $14 and last two hour, gradually reach and beyond $15 and closed at $15. So is anyone out there know WHY I still got assigned?! Following is the etrade custom service people's reply: "Options that are 3/4 points or more in the money will be AUTOMATICALLY exercised. However, your option could have been assigned because the put buyer exercised prior to expiration. The put buyer has the right to exercise if they believe the stock will not rise in price. You, as the put seller, have an obligation to buy that stock if the put buyer chooses to exercise. " Is this make sense to anyone? I am a first time option trade, so I need some experience people to tell me what is going on here. Thank you very much for response!! Zeren Gao