Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.01

+1.7%

Nov 26 3:59 PM EST

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To: Phil Sidari who wrote (26114)	12/5/1997 9:02:00 AM
From: emil	Read Replies (1) of 61433

why any short heads didnt cover at 22 is beyond me? talk about holding an open position too long~! Reminds me of RMBS going to 86 and longs saying they were holding to 100!!! when the downside becomes so blatantly riskier than the upside, what is the point... Guess greed kicks in... Asnd shorts will look back at 22 and say, "what was i waiting for..." Then again, just maybe ASND was due to go belly-up.... Yeah, the shorts will get squeezed or lose Major previously held gains.... seen it before... will see it again!

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