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Technology Stocks : Ascend Communications (ASND)
ASND 199.63-1.4%3:59 PM EST
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To: Pat Hughes who wrote (58358)12/31/1998 2:58:00 AM
From: Bindusagar Reddy  Read Replies (1) of 61433
 
Pat, Latest short interest for DEC 98, is up nearly another million. That means, the short squeeze will be on in January, with fireworks.
ASCEND COMMUN
INC
Dec. 17,783,175
Nov. 16,904,844 Change + 880,000 shares.

I think shorts were trying their best to keep the price down today. They can not put a lid on a boiling pan. Clouds(shorts) can only cover the SUN (ASND) for short time. Watchout when the sum heats up, they will disappear fast.
This sounds good.

BR
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