Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 208.27

-2.4%

12:40 PM EST

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To: Finder who wrote (3168)	5/16/1997 5:24:00 PM
From: billy97	of 61433

Forget the theories about where the stock price will end up on a certain date. The fact of the matter is that this stock is constantly manipulated by MM's and the like, all trying to outguess each other, all with their own theories. This is close to chaos and seem to be almost normal for a hot, high growth stock. Fibonacci theory works quite well in this scenario. And now theories of the Justice department being manipulated by ASND/CSCC competitors? How about the theory that the Justice dept sees 2 companies that have impressive market shares coming together and they decide to take a look see. This is normal and perhaps a confirming indicator of how good this merger is. I voted for it.

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