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


To: vegetarian who wrote (25336)12/3/1997 12:16:00 PM
From: Lee Martin  Respond to of 61433
 
<<Question is who will beleive them?>>

My guess is everybody will believe them .....on Jan 20. Until then the shorts will probably drive ASND down more. But each day the shorts do not get the warning they are betting on, is one day closer to when they cover and BUY ASND. When the huge short interest starts to cover, this baby is gonna pop. Since there are plenty of tech cos. warning or about to, there are plenty of other shorting opportunities out there. It's just a matter of time until the shorts decide they have milked this one enough and move on to better ideas.

Regards,

Lee