SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Satyr who wrote (42618)4/7/1998 2:04:00 PM
From: Tim Luke  Respond to of 61433
 
<any idea why we got this rally?>

Earnings.

the mm got what they wanted and that was to get this stock as low as they could to add to there position before earnings. It is all a nasty game that is played all the time on wall st.



To: Satyr who wrote (42618)4/7/1998 2:07:00 PM
From: gbh  Respond to of 61433
 
Don't think there is any good news, so lets start a good rumor. :)

How about ASND getting bought out by TLAB.

Seriously, I think it was just an impatient institutional guy/gal waiting for the right buying opportunity, and not wanting to hide his move from the market with smaller orders. Just MHO.