Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 202.23

-4.2%

Dec 2 3:59 PM EST

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To: Nazbuster who wrote (48372)	6/8/1998 11:28:00 PM
From: Jack Colton	of 61433

This message was written before reading about all the shorts. Options won't expire for another 2 weeks, so there might not be too much action due to shorts if my theory below holds any water. Without an announcement, it is hard to tell. Generally, the week before a major trade show seems to cause a run up in the Networking stocks, and after the show, there is a minor sell off. The same thing happened to some of the networkers during the week before Interop, and (without looking it up) it seems that the actual week during Interop yielded lackluster results. Everything just kind of drifted during the week, and the week or two after the show, there was a slight sell off. CISCO and LU are doing well, but the rest of the networkers are kind of drifting. You could probably place a limit order (right now)to buy just below the close today, and see if it executes before 9:45. Then make a decision based on what happens. just jack

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