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Technology Stocks : Ascend Communications (ASND)
ASND 213.290.0%Jan 2 9:30 AM EST

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To: Chi-X who wrote (18110)10/17/1997 9:57:00 PM
From: Glenn D. Rudolph   of 61433
 
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. Chi-X, You have a very valid point. I suspect as do you that much of the volume during those very heavy trading days were short sales. There is not any profit left for the shorts now. Time to cover. I cannot comment on the TA. I am not very good with TA. Glenn
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