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


To: Phil Sidari who wrote (26114)12/5/1997 9:00:00 AM
From: joshi  Respond to of 61433
 
Hi, Im mr pessimist. There will be NO buyout at this time! There will be a small short squeeze to 30ish then a decline back to the new support of 25. Just a guess. Hope im wrong



To: Phil Sidari who wrote (26114)12/5/1997 9:00:00 AM
From: WBendus  Respond to of 61433
 
What I would like to know, is can LU do a bond offering to make the purchase and get around the pooling issue? Didn't then do one not to long ago?

Wayde.



To: Phil Sidari who wrote (26114)12/5/1997 9:02:00 AM
From: emil  Read Replies (1) | Respond to of 61433
 
why any short heads didnt cover at 22 is beyond me? talk about holding an open position too long~! Reminds me of RMBS going to 86 and longs saying they were holding to 100!!! when the downside becomes so blatantly riskier than the upside, what is the point...

Guess greed kicks in... Asnd shorts will look back at 22 and say, "what was i waiting for..."

Then again, just maybe ASND was due to go belly-up....

Yeah, the shorts will get squeezed or lose Major previously held gains.... seen it before... will see it again!