Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 213.41

+1.4%

1:36 PM EST

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To: sepku who wrote (25690)	12/4/1997 5:05:00 PM
From: Gary Korn	Read Replies (2) of 61433

To all on the thread: Syle Pts. pulls a Rumpelstiltskin: I took the day off since I didn't get done with my research until 6am this morning...so I just got up about 30 min ago...when I walked over to my quote screen I kept thinking I was looking at the wrong stock. +3 points for change! I have yet to catch up with the 200+ new posts, and can't wait to find out what happened... As for the runup, it will be nice to have 1 night when the net asset value shows an increase. Still, I'm troubled by the fact that the rumor came out of the options pits and I'm troubled by the fact that it occurred this week rather than next. Still, the rumor did help support the fact that Ejabat released today: Earnings will be fine. It this kind of support upon support -- even if some of the support may be non-existent -- that over time snowballs into momentum on the upside. Just like the cascade (no pun intended) of bad news -- some of it baseless -- fed upon itself for the downwards momentum. Gary Korn

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