Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 218.50

+6.9%

10:05 AM EST

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To: Edward J. Edwards, III who wrote (35674)	2/21/1998 10:56:00 AM
From: Sector Investor	Read Replies (2) of 61433

<<Looks like if they shorted asnd in march of last year that the best price they could have is 59.75; I hope they covered around 22, if not and they are still holding asnd they must be feeling a little uncomfortable too.>> They would have to be complete idiots or not following closely enought not to have covered somewhere in the $20s - especially when the contracts started rolling in. What were they waiting for, zero? Shorting ASND now long term is not smart as ASND clearly has several quarters of consecutive growth ahead of it and accellerating beginning with 2H 1998 and into 1999 (not to mention buyout prospects and the start of a new product cycle). These people don't sound smart to me at all.

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