Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 211.05

-0.7%

Dec 1 3:59 PM EST

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To: Gary Korn who wrote (22974)	11/12/1997 4:22:00 PM
From: Harry Ehrlich	Read Replies (1) of 61433

Today's action was significant. A small portion may have to do with options expiration - that nudging effect is always there. Last month, the expiration effect was combined with the rumor of the LU buyout. I don't think the MM's would try that again; they know we wouldn't buy it. That leads me to believe that something's up. To be honest, I still thing ASND is in trouble. But from a short term trading point of view, we may see some upside here. I covered 1/2 my position at the close. Let's see what tomorrow brings. Harry

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