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Technology Stocks : Ascend Communications (ASND)
ASND 221.33-1.3%Feb 11 3:59 PM EST

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To: Peter Algoet who wrote (6357)7/9/1997 6:17:00 PM
From: Chi-X   of 61433
 
Yea, I see ASND popping over $50 going into earnings. The CEO already stated comfort with estimates. As a holder, you have nothing to fear holding this stock into next week's earnings report. As a short seller, there is lots to fear with AMD flunking earnings badly yet popping up 2 points at open. What if ASND doesn't just meet, but beats estimates? There will be much more short covering than longs selling going into earnings which should elevate the stock.


Cheers,
Chi-X has Spoken!


CEO
Chi International
members.aol.com
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