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Technology Stocks : Ascend Communications (ASND)
ASND 196.07-0.4%11:51 AM EST

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To: lamont smith who wrote (22385)11/11/1997 12:50:00 AM
From: Douglas V. Fant   of 61433
 
lamont,

Your explanation makes most sense- shorts coming into the market to cover their positions and toclose them out at the end of the day- and it looks like the sellers obliged these covering shorts....

Still note that for the fouth day running ASND stock is under accumulation slightly on an up/down chart basis...

Sincerely,

Doug F.
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