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Technology Stocks : Ascend Communications (ASND)
ASND 204.41-1.0%Nov 14 9:30 AM EST

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To: Joseph Colombo who wrote (43432)4/9/1998 6:06:00 PM
From: Mike Farrar  Read Replies (3) of 61433
 
ASND

It might get downgraded Monday on no upward guidance
and almost no earnings growth. If not the stock will
probably become infested with shorts like it has been
since October. IMO ASND will be at 34-33 by next Friday,
not because it is not a good stock, but because of short
selling. There wasn't enough positive forward looking news
to keep them out.

Jeff
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