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

To: Jeffery E. Forrest who wrote (24766)	11/26/1997 12:58:00 PM
From: vegetarian	Read Replies (1) \| Respond to of 61433

Yes, I agree with most of your points. ASND has potential to go nto teens unless someone buys it and my suspicion is that it will do it in another month or two. Company's performance does not even seem like an issue for near future. Folks at IOM thread were speculating a short squeeze for ages; they did not get one, eventually the stock price went up based on company's performance and I bet there still are many shorts in there. So who do you like as shorts currently?

To: Jeffery E. Forrest who wrote (24766)	11/26/1997 8:51:00 PM
From: DWW II	Read Replies (1) \| Respond to of 61433

Why don't they just go out of business?

To: Jeffery E. Forrest who wrote (24766)	11/26/1997 10:03:00 PM
From: scott maragioglio	Read Replies (1) \| Respond to of 61433

jeff, You mean like AOL at $25.

To: Jeffery E. Forrest who wrote (24766)	11/27/1997 11:31:00 PM
From: blankmind	Read Replies (1) \| Respond to of 61433

short interest rising is never a good sign, but this can help to explain the current lack of movement in asnd. if asnd price was dropping and the short interest was decreasing, that defines serious trouble for a stock.

To: Jeffery E. Forrest who wrote (24766)	11/27/1997 11:52:00 PM
From: TWC	Read Replies (1) \| Respond to of 61433

Hi, I was wondering if anyone knows where to look for short interest for any stock on the net?? Thanks in advance.

To: Jeffery E. Forrest who wrote (24766)	11/28/1997 9:16:00 AM
From: Bosco	Read Replies (2) \| Respond to of 61433

all - while I agree that organized shorties know what they are doing, I think the deep pocket shorties are unlikely to bet on a 3 pointers (25 - 22) despite a 12% flip. OTOH, personally I think that hoping for a short squeeze is as uncertain as hoping for a buyout. Of course, this is from the perspective of an investor (not that I am any good <sg>,) and not arbitageur. rgds Bosco

To: Jeffery E. Forrest who wrote (24766)	11/28/1997 10:17:00 AM
From: Greg Jung	Respond to of 61433

<< The "dreaded short squeeze" is all too often a myth >> Maybe not squeezes, but short covering is certainly an important part of Ascend price swings - you don't suppose it can rise 5+ points because people actually are crazy to own the stock, do you? All of the networker stocks have a large short interest and the quick price run-ups are primarily these shares being taken out of the way of good news. Conversely, a whif of bad news generates a "sell" momentum. Most of the trading is dice rollers except market-wide drops is usually Fidelity Magellan making adjustments. Greg