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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: Gary Korn who wrote (32285)1/28/1998 12:09:00 AM
From: Bindusagar Reddy  Read Replies (1) of 61433
 
Gary, you have been a great contributor of useful info. on this thread. I just browsed the WSJ electronic edition, I don't know how to cut and paste the page.They report short interesr decline in NASDAQ. ASND is in top three companies. SHORT INTEREST DECLINED SHARPLY THIS MONTH FROM 20.4 MILLION TO 13.1 MILLION DOWN 7.3 MILLION LARGEST PERCENTAGE DECLINE IN SHORT INTEREST SINCE THE DEBACLE.

I don't know what the implications are. Anyone has an opinion on this?. Shorts probably know that the company is turning around. From what I hear they do much more extensive research than longs, because their risk is enormous.

Once again we appreciate your input.

Thanks
BR
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