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

To: margin_man who wrote (26237)12/5/1997 10:55:00 AM
From: Pierre Aydin  Respond to of 61433
 
sold my other half, see ya all, I hope it gets bought out for all those little guys buying at these levels.

If it drops back I'll buy again.

Pierre



To: margin_man who wrote (26237)12/5/1997 11:09:00 AM
From: vegetarian  Read Replies (3) | Respond to of 61433
 
So far the volume is 16M, I guess large part of it is due to short covering.
Of the 23M shorts, my guess is probably half have covered today and some yesterday.
Until we get a buyout news would be hard to maintain the price at this level based on just retail speculators so we may get some pull back in the next week if the news is not out by then.


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