Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.50

+0.5%

Nov 21 9:30 AM EST

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To: muleskinner who wrote (24308)	11/21/1997 5:28:00 PM
From: Larry Myers	Read Replies (1) of 61433

>>I just spoke with ML and it apppears that they are doubling up. Form what I get out of that, they are not buying anymore of asnd, but just reducing their cost basis. << Could you explain this just a bit. How do you reduce your cost basis without buying more of the stock cause I don't want to buy anymore of it either but would sure as hell like to reduce my cost basis. ljm

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