Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 209.43

-0.2%

Dec 23 3:59 PM EST

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To: Peter Yang who wrote (12745)	9/15/1997 3:10:00 PM
From: Chi-X	of 61433

Peter, big boys and institutions may be selling, but there are probably a bunch of institutions also buying and trying to catch the bottom. But obviously, when the stock is sitting near its lows of the day, there are many more sellers than buyers. As for my shorts, they are doing fine. I don't short so much anymore. My last short was ASND at $47 1/2 last month but I bought back too early in the low 40's. Looked like a bottom to me. I'm currently out of ASND since the 40's and I'm looking for an entry point soon. Cheers, Chi-X hath Spoken! Absolutely Princess Diana 1961-1997 members.aol.com

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