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: blankmind who wrote (24864)	11/28/1997 9:11:00 AM
From: Jeffery E. Forrest	Read Replies (1) of 61433

short interest rising is never a good sign, but this can help to explain the current lack of movement in asnd. I'm betting on another run at breaking under 20. No, I'm not putting my money where my mouth is because the risk/reward doesn't look good enough, but ASND going to the high teens seems almost a given at this point. It may only happen for a moment on an intraday basis, but I still think we will see it break 20 bucks.

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