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

To: Tech97 who wrote (32294)	1/28/1998 12:25:00 AM
From: Gary Korn	Read Replies (1) \| Respond to of 61433

Tech97, maybe this news will help too (courtesy of BR) Short interest in ASND declined 36% last month! The Wall Street Journal Interactive Edition -- January 28, 1998 Short Interest in Nasdaq Issues Was Down 0.9% in January By EILEEN KINSELLA Staff Reporter of THE WALL STREET JOURNAL NEW YORK -- Short interest fell 0.9% in the latest month on the Nasdaq Stock Market, breaking what had been three consecutive records in the preceding months. The total, which includes Nasdaq small-capitalization and large-capitalization stocks, fell to 1,774,110,126 shares on Jan. 15 from 1,789,729,851 shares in mid-December, according to the National Association of Securities Dealers, which runs Nasdaq. On the Nasdaq Small-Cap Market, which is made up of the 1,370 smaller-cap stocks, short interest fell 5.7%. It decreased 0.7% for the 4,124 larger-cap stocks on the Nasdaq National Market. Traders who sell securities "short" borrow shares and then sell them, betting they can profit by buying the stock back later at lower prices. Short interest is the number of shares that haven't been repurchased for return to lenders. As such, it is often taken as an indicator of the degree of negative sentiment among investors in the stocks. Investors also may rely on short selling for other purposes, including as a hedging strategy related to corporate mergers and acquisitions, for convertible securities and options, and for tax purposes. The Nasdaq National Market's short-interest ratio fell to 2.84 days from 3.13 days in the previous month. The short-interest ratio for the smaller stocks was 0.78, unchanged from the previous month. The ratio is the number of trading days that would be required to close out the short positions through share purchases and is considered a measure of trading sentiment. The following companies had the largest decreases in short interest: Phycor Inc., down 8,754,231 shares to 6,720,412 shares; WorldCom Inc., down 7,563,661 shares to 63,972,626, and Ascend Communications Inc., down 7,386,735 shares to 13,104,661. These companies had the largest increases in short interest: Oracle Corp., up 5,328,375 shares to 14,742,021; Biochem Pharma, up 5,246,834 shares to 9,841,808, and Baan Co. NV, up 4,757,442 shares to 10,962,778. Among companies with the largest short-interest positions: WorldCom was down 7,563,661 shares to 63,972,626; Intel Corp. was up 3,998,198 shares to 35,501,390; and Tele Communications A Tci Group was down 440,778 shares to 29,785,407.

To: Tech97 who wrote (32294)	1/28/1998 12:30:00 AM
From: Gary Korn	Respond to of 61433

Tech97, I just want to repeat a paragraph of your post: In addition, [AT&T] is expected to add new multiservice ATM switches - primarily from Ascend Communications Corp., according to analysts - at up to 200 points in the network to provide additional user-to-network interfaces for frame relay, ATM and IP services. Gary Korn

To: Tech97 who wrote (32294)	1/28/1998 12:34:00 AM
From: Gary Korn	Read Replies (2) \| Respond to of 61433

1/27/98 Dow Jones News Serv. 22:16:00 Dow Jones Interactive Copyright (c) 1998, Dow Jones & Company, Inc. Tuesday, January 27, 1998 NASDAQ Short Interest: Altair Intl - ASM Lithog NY 1/15/98 12/15/97 % Chg Altair Intl 202,491 38,151 430.8 Altera Cp 5,646,604 6,090,221 -7.3 Alternative Res 276,805 163,691 69.1 Altron Inc 731,414 755,143 -3.1 Alydaar Software 289,503 171,666 68.6 Alyn Corp 356,043 342,391 4.0 Amati Commun Cp 114,514 434,709 -73.7 Amazon.Com Inc 2,987,835 2,272,762 31.5 Amcor Ltd Adr 258,181 223,689 15.4 Amer Bingo & Gam 2,639 360,839 -99.3 Amer Bus Info A 253,458 258,193 -1.8 Amer Bus Info B 238,438 240,148 -0.7 Amer Commun Sv I 1,684,038 1,526,282 10.3 Amer Eagle Outfit s r 706,044 355,767 98.5 Amer Greetings A 311,093 398,135 -21.9 Amer Intl Petro 94,565 325,637 -71.0 Amer Management 1,580,998 1,449,551 9.1 Amer Mobile Satel 417,927 368,191 13.5 Amer Oncology Res 1,203,199 778,947 54.5 Amer Power Conv 1,937,522 1,615,797 19.9 Amer Safety Razor 273,425 574,252 -52.4 American Coin 2,095 112,162 -98.1 American Eco Cp 647,659 622,430 4.1 Ameritrade Hld A 900,731 818,276 10.1 Amerus Life Hldg 86,672 850,478 -89.8 Ames Dept Stores 813,058 840,792 -3.3 Amgen 4,562,316 4,641,885 -1.7 Amylin Pharma 597,796 1,119,569 -46.6 Anadigics Inc 222,662 454,483 -51.0 Anchor Gaming 297,284 390,270 -23.8 Ancor Commun 400,462 453,868 -11.8 Andrew Cp 2,466,468 5,576,825 -55.8 Andrx Cp 276,182 284,743 -3.0 Anesta Cp 135,536 260,293 -47.9 Anicom Inc 629,006 499,340 26.0 Antec Corp. 1,193,093 1,183,516 0.8 Apac Telesvcs 3,102,346 3,238,099 -4.2 Apex PC Solut 686,222 1,093,194 -37.2 Aphton Corp 525,662 518,284 1.4 Apogee Entrpr 690,897 537,720 28.5 Apollo Gp A 2,236,434 2,168,084 3.2 Apple Computer 19,431,998 19,876,688 -2.2 Apple South Inc 4,324,294 4,774,529 -9.4 Applebee S Intl 862,607 695,245 24.1 Applied Graph T 429,531 283,910 51.3 Applied Mater 17,326,797 12,975,263 33.5 Applix Inc 270,494 322,800 -16.2 Aquagenix Inc 273,116 182,950 49.3 Arakis Energy 1,016,313 1,005,281 1.1 Arbor Drugs Inc s r 293,091 334,424 -12.4 Arbor Software 257,817 651,421 -60.4 Arch Commun Gp 601,331 663,378 -9.4 Argonaut Group 255,351 201,461 26.7 Arris Pharm Cp r 1,208,144 1,487,722 -18.8 Arterial Vascular 2,363,196 1,366,256 73.0 Ascend Commun 13,104,661 20,491,396 -36.0 Ascent Enter Gr 260,633 290,084 -10.2 ASM Lithog NY sh 777,097 611,828 27.0DOW JONES NEWS 01-27-98 1/27/98 Dow Jones News Serv. 21:17:00 Dow Jones News Service-Wall Street Journal Stories Copyright (c) 1998, Dow Jones & Company, Inc. Tuesday, January 27, 1998 WSJ: Short Interest Highlights From The Wall Street Journal Largest Short Positions Rank Jan. 15 Dec. 15 Change 1 Worldcom 63,972,626 71,536,287 -7,563,661 2 Intel 35,501,390 31,503,192 3,998,198 3 Tele Commun A 29,785,407 30,226,185 -440,778 4 Dell Computer 22,617,817 18,203,322 4,414,495 5 NEXTEL A 22,376,353 21,988,446 387,907 6 Apple Computer 19,431,998 19,876,688 -444,690 7 Applied Materials 17,326,797 12,975,263 4,351,534 8 Microsoft 17,046,371 15,644,513 1,401,858 9 Boston Chicken 16,409,262 19,272,674 -2,863,412 10 Cisco Sys 16,270,194 17,764,523 -1,494,329 11 Oracle 14,742,021 9,413,646 5,328,375 12 Sun Microsys 14,709,771 14,275,893 433,878 13 Quantum 13,830,689 19,889,801 -6,059,112 14 Ascend Commun 13,104,661 20,491,396 -7,386,735 15 Tel-Save Hldgs 12,721,186 9,356,297 3,364,889 Largest Changes Rank Jan. 15 Dec. 15 Change 1 Oracle 14,742,021 9,413,646 5,328,375 2 Biochem Pharm 9,841,808 4,594,974 5,246,834 3 Baan Co 10,962,778 6,205,336 4,757,442 4 Dell Computer 22,617,817 18,203,322 4,414,495 5 Applied Materials 17,326,797 12,975,263 4,351,534 6 Intel 35,501,390 31,503,192 3,998,198 7 Physicians Sales 4,757,909 830,419 3,927,490 1 Phycor 6,720,412 15,474,643 -8,754,231 2 Worldcom 63,972,626 71,536,287 -7,563,661 3 Ascend Comm 13,104,661 20,491,396 -7,386,735 4 Quantum 13,830,689 19,889,801 -6,059,112 5 3Com 11,406,995 16,890,784 -5,483,789 6 HBO 7,556,059 12,045,010 -4,488,951 7 Computer Prod 1,137,354 4,872,052 -3,734,698