Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.50

+0.5%

Nov 21 3:59 PM EST

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To: Andie Wei-Ku Lin who wrote (18073)	10/17/1997 1:01:00 PM
From: Chi-X	of 61433

There seems to be some kinda stupid rumor that bulls try to squash when ASND rises. Last week, I remember ASND rose on Friday after earnings. The bears tried to pretend there was a HWP Buyout rumor and then Maria Bartiromo said that HWP buyout rumor of ASND (assumed reason for it being up) was false. Now ASND started moving this morning and this Reuters article pulls out an LU rumor just after they bought out some other remote router company several days ago. It's good that the article also states the other possibility of ASND moving up on technicals. That's what I believe. People have to be smarter than to think that LU will buy another remote router company several days after Livingston. Cheers, Chi-X hath Spoken! CEO Chi International members.aol.com

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