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Technology Stocks : Ascend Communications (ASND)
ASND 206.12-3.3%12:29 PM EST

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To: Finder who wrote (14084)9/23/1997 3:34:00 PM
From: Peter Yang   of 61433
 
>>If you read the salomon note just posted to the news only thread it is obvious that the street wants to keep Ascend down.
Salamon analyst whose bizare comments started part of the current sell off two weeks ago now tries to beat the company's announcemnet of good news tomorrow, by preannouncing it with a negative spin. <<

It seems to me that Salamon is doing a pre-emptive strike for the possible big rise tomorrow - the announcement of the large order plus the possible good earning report from COMS. Salamon might have a big short position on ASND and a possible big rise (like 6+ points/day we saw before) could kill them. But ANSD will rise anyway!!!
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