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Technology Stocks : Ascend Communications (ASND)
ASND 208.80-0.8%3:59 PM EST

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To: mark alan rosenberg who wrote (22593)11/11/1997 9:52:00 AM
From: Sriram S. Konkipudi  Read Replies (1) of 61433
 
I agree, but I think there should be some kind of very positive news for conviction buying to push the price up by 3-4 points. If you look at the current price of ASND at 23+ I would have loved to have some extra cash to accumulate, but unfortunately being long on ASND put me in a very tight spot where I am trying to stay long and cover my margin calls. I hope it starts going back up at least to its level from week or two back and let us longs stay long. Long on ASND...;-)
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