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

To: Joseph Colombo who wrote (45497)	4/27/1998 5:49:00 PM
From: Dennis R. Duke	Read Replies (1) \| Respond to of 61433

Could be that some of us who have fought back from $23 to $40 feel good about staying above $40. Especially with the analyst reports that we have read, an increase in shorts of 6 million shares or about 60%, and a H&Q's conference presentation on Wednesday. I'll be quite happy to squeeze those 15+ million short shares, and continue to move up in stock price on the fundamentals of ASND that many in the market either don't believe or forget. As to the greater percentage down in the market, than the NASDAQ, those shorts come from somewhere. And like a bouncing ball, if the reason we went down more than the NASDAQ is shorts, what goes down can go up, and faster than expected! IMHO, Dennis