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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%Dec 5 9:30 AM EST

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To: Harold S. who wrote (24771)11/26/1997 1:48:00 PM
From: Gary Korn   of 61433
 
Do you feel this gradually decreasing volume is a good thing near term and do you also agree with other's statements that the huge short interest will not eventually work in our favor?? What is your take on these two issues??

I'm not really competent to comment on either of these issues. If you want conjecture: (1) increasing short interest obviously would be positive if good news were to issue (short covering would help fuel a rally) but, on the other hand, it would be bad if it suggested knowledge by the shorts of pending bad news. (2) I'm not sure how to read decreasing volume. I'm sure others on this thread could comment.

Gary Korn
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