Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 209.43

-0.2%

Dec 23 3:59 PM EST

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To: Sector Investor who wrote (25667)	12/4/1997 6:20:00 PM
From: sepku	Read Replies (2) of 61433

Sector, thanks for the DJ updates. I believe the LU/NT rumors are just the result of "rumors of rumors" in absence of no apparent reason for today's rally during the trading session. Whenever the traders and media begin cannot find reason in print, why a stock makes a significant move on high volume, speculation runs rampant and such rumors such as the popular LU/NT ones, often surface. Once they circulate, the rest of the media picks up on it, and so on... I believe your DJ updates demonstrate what is really behind the move. The Street has been looking for reassurance for Q4 before ASND enters its quiet period, and they now have it. Style Pts.

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