Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 209.02

-0.7%

Nov 24 3:59 PM EST

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To: DennisToo who wrote (25783)	12/4/1997 8:13:00 PM
From: sepku	Read Replies (1) of 61433

-- Off Topic -- >>>Bought me some UTEK today do you follow that one? Your comments most welcomed.<<< No, I don't. My play on the laser lithography sector is the bottle-neck: Cymer (CYMI). The only 5 stepper/scanner manufacturers: ASMLF, UTEK, SVGI, Canon, and Nikon, all buy their lasers from Cymer. A virtual monopoly. I didn't time the bottom on that one quite right either (avg. high 20s). But I expect $50 within 1998. The short interest is currently an extraordinary 50% (small float). There is a large semiconductor conference in Japan this month, and I'm expecting an upgrade to come out of it. If so, massive short squeeze. Style Pts.

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