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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: vegetarian who wrote (22365)11/10/1997 3:11:00 PM
From: Harold S.  Respond to of 61433
 
Thank you for your insight..I realize there is a very large short interest in this stock and it is helpful to be able to look for the spark that may unwind that large short position.



To: vegetarian who wrote (22365)11/10/1997 6:56:00 PM
From: Jeff Jordan  Respond to of 61433
 
(I hope nobody tells me here that ASND will do a V shape turnaround because that
ain't going to happen after the events in the last 2 months.)


Thats exactly what its going to do! The market invests forward looking not backward.

The chart will look exactly like this!

fast.quote.com

I'm glad I bought more ASND calls today because I was going to buy some puts in BAY,that would have been good....Ascend is better Don't expect a tax time sell off! Everyone has already taken their '97 loses.

Since you say you don't have a position...I advise you to take one in the next day or two!

JJ