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

To: gbh who wrote (42615)	4/7/1998 2:06:00 PM
From: devil ray	Read Replies (2) \| Respond to of 61433

I hope this spike up is a sign of things to come but I am going to remain negative.Maybe me being negative will help asnd.If I make any money on this one it will come with more ups and downs than I am used to.That comes mostly from the fact of me trying to make a killing on short term option plays.I should know better,I got killed this time last year when I had several calls exp. worthless.There were about a million shares traded in a short period of time.Maybe this IS the last day or two to get in before earnings.I can't see somebody throwing that much money on this during a down day without expecting good things.

To: gbh who wrote (42615)	4/7/1998 2:13:00 PM
From: Jeffery E. Forrest	Read Replies (1) \| Respond to of 61433

I'm not sure what to make of it. It could simply be daytrader raid. You'd be suprised how much they can move a stock. I've often seen them zero in on a stock, run it up, and just as quickly take profits, leaving the long term shareholders wondering what the hell happened. I'm watching an ECN screen and it appeared that daytraders were piling in ahead of a larger MM buy and taking advantage of an imminent uptick. Not sure of this though. Whatever the case, it's having a hellofa time making it past 3/4.