Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 200.33

-3.2%

11:49 AM EST

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To: Gary Korn who wrote (18109)	10/17/1997 4:14:00 PM
From: Chi-X	of 61433

With today's close, 99.9% of short sellers are at a loss after the pre-announcement last month. The volume was HUGE after the announcement so you can expect that there were a lot of shorts. Looks like the recipe for a short squeeze if you ask me. Technically, ASND looks like its on the verge of filling the upside gap. Just my observation based on technicals... Cheers, Chi-X hath Spoken! CEO Chi International members.aol.com

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