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

To: Frngreed who wrote (26933)	12/8/1997 10:43:00 AM
From: Rajiv	Read Replies (1) \| Respond to of 61433

I shorted some more shares at 30 today. All the reasons for opening my initial position still hold. The management has said they are comfortable with the estimates for this quarter and the next financial year - we must remember that these estimates had been reduced a lot by the analysts after last quarter's shortfall in earnings. ASND is still not a favorite with the big guys. It will take a lot of time to regain favor. Best of luck (longs and shorts). Rajiv