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


To: Narotham Reddy who wrote (24021)11/19/1997 11:11:00 AM
From: Schmedley  Read Replies (1) | Respond to of 61433
 
[What is up with ASND, UP + 1 5/16]

Don't know Naro

Could it be that the 75% selloff has been a tad excessive?
I smell a full fledged reversal!; institutions covering their short positions.

JMHO

Schmedley



To: Narotham Reddy who wrote (24021)11/19/1997 1:51:00 PM
From: Sector Investor  Respond to of 61433
 
<<Did not see any news worthy.>>

Reread the H&Q synopsis. It may be that the "news" is their bottom
line - that the stock price already reflects all the previous bad news, is now perceived by the market.