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

To: Jurgen who wrote (26349)12/5/1997 1:35:00 PM
From: sam  Read Replies (1) | Respond to of 61433
 
Saloman Smith Barney on the buy side now (at 30). My guess is there's some short covering coming out of that house. Regardless where this stock ends (23 or 32) this has been alot of fun to watch today -- for a change.



To: Jurgen who wrote (26349)12/5/1997 1:37:00 PM
From: swrdfsh  Read Replies (1) | Respond to of 61433
 
With the report from CNBC that Alec Brown says industry is close to a 56k standard, Mory's comments yesterday, and short covering; how much of this move is really about the takeover rumor. ASND isn't outperforming COMS and CSCO by very much today. With all these factors ASND should be higher!

swrdfsh


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