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

To: Joseph Pareti who wrote (26919)	12/8/1997 9:38:00 AM
From: Captain James T. Kirk	Read Replies (2) \| Respond to of 61433

The evidence is in watching the real time trades.

To: Joseph Pareti who wrote (26919)	12/8/1997 9:43:00 AM
From: Captain James T. Kirk	Respond to of 61433

Once the retail volume dries up, the question will be if asnd has the strength to hold up ? Not when the short position is still strong. let me make my main point here. I strongly belive that if you must go long here, you must also be prepared to possibly sit at 24-26 range for the short term. To thinkthat we are going to 40 short term would be very foolish. The Buyout is dead. And the shorts are still here, especially at the 32 level. We are now under 29. Take a profit and buy back cheaper.