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

To: doug carder who wrote (44307)	4/14/1998 5:15:00 PM
From: devil ray	Read Replies (3) \| Respond to of 61433

I have serious concerns that asnd is being manipulated by the m.m's. I watched this stock take buy orders of 300,000 shares and go up 3/8 and then later in the day sell orders came at about 55,000 shares and the stock drops an identical 3/8. It seems the past few days that it has taken a hell of a lot more buy orders to push the stock higher than it does sell orders to make it go down. How can this be. I think it is unfair for the option holders of this stock. Where is asnd in after hours? It had better start moving up before friday or the stock may be in trouble. My opinion is that if the stock can not move higher in strong upmarket days what happens when the corrections hit? Will it get hit harder than the overall market? Could it fall to the 20's again? Has all the good news been priced in to this stock? and if so what happens to it on anything negative? These are questions that all the overly optimistic people here must deal with in reality. I hear Tim's back he should be coming on any time now. Tim what happened to your prediction? Did you dump all your shares? Stein Roe likes Intels #'s. They think tomorrow will be a strong day for tech's. Let's see if this can finally drive asnd.!