Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 209.02

-0.7%

Nov 24 3:59 PM EST

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To: Tim Luke who wrote (19940)	10/30/1997 7:05:00 PM
From: Astarte	Read Replies (1) of 61433

Yes, I would never have thought that a takeover price around 45$ would be a threat against my longterm investment in this company..... (I am long 500 shares @ an average of 44$, which is a lot of money for me.) Maybe this is the big chance I have been waiting for. The big short interest at 22M shares reminds me of APM at 22 in July. A few more days of accumulation around 26, coupled with some volume, will perhaps be the signal that can ignite the short covering. I am seriously considering going full margin here in this stock. Is it possible to get hold of some sales figures for october yet (Glenn, Gary, Tim, Andie Wei)? I have seen some advertisements from some ISPs here in Sweden (about K56flex). Hopefully that means that the European problems are solved, and that the revenue stream is increasing from this region.... Preparing yet another average down (a big one)......

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