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

To: lamont smith who wrote (22385)	11/10/1997 4:16:00 PM
From: Harry Ehrlich	Respond to of 61433

Lamont, please give a rough analysis. Thanks. Harry

To: lamont smith who wrote (22385)	11/11/1997 12:50:00 AM
From: Douglas V. Fant	Respond to of 61433

lamont, Your explanation makes most sense- shorts coming into the market to cover their positions and toclose them out at the end of the day- and it looks like the sellers obliged these covering shorts.... Still note that for the fouth day running ASND stock is under accumulation slightly on an up/down chart basis... Sincerely, Doug F.