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

To: uu who wrote (23337)	11/13/1997 7:42:00 PM
From: Harry Ehrlich	Respond to of 61433

I covered the rest of my short earlier in the day. Exactly at what price did you short ASND? you state: > I feel that Ascend may be vulnerable depending > on sector/market/global influences. May I ask where did you receive your degree in rocket science? Ascend is particularly vulnerable because the current move may be initiated by MM's and others that sell options. Once that is over, the 3 items I mention are important. The sector is down, ASND has major exposure to Asia, and the market may wish to retest the recent low in an effort to discern a double bottom. Ascend is under extreme distribution. I have cited several reasons in previous posts. But if in doubt; check the tape. Harry