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Technology Stocks : Ascend Communications (ASND)
ASND 207.04+0.7%3:59 PM EST

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To: thebeach who wrote (45335)4/25/1998 5:30:00 PM
From: devil ray   of 61433
 
I hope there are no more reports like that! It seems every time a report comes out like that I expect asnd to go up but it sinks instead. Asnd went down 2 points that day. Everybody knows all that was in the article. What we need is new information. Then we may see the stock go up faster. I'm still waiting for the rumor of the "something big is going to be announced either at the c.c or within a few days". It never happened. Also it looks like asnd will not be taken over as the price keeps getting higher. If no comapny wanted it at 25 why would they want it now. I think the increased short interest reveals this. Any talk of mergers now is just wishful thinking.
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