Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 202.96

-2.8%

Jan 9 9:30 AM EST

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To: M.A. Miller who wrote (11619)	9/11/1997 12:02:00 PM
From: Emile Vidrine	of 61433

The insiders--specialist and MMs-- have Asnd in a "traders headlock". Option expiration next Friday, then two-three weeks of dark foreboding warnings as they terrorize investors before concrete earnings annoucements and coupled with many institutions beginning to take tax losses early to avoid end of year rush and several disjointed "nesw items" pointing to disaster.. Some of the institutions selling for tax losses will probably reenter soon afterwars. I think we will see 32-33 level by next Friday. You may get a little bounce in the next couple of days, but the manipulaters will not let go of the head lock until they have exhausted their advantage in etering at rock bottom. Time will tell. Emile

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