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

To: Bindusagar Reddy who wrote (49255)6/25/1998 6:24:00 AM
From: TideGlider  Respond to of 61433
 
That is quite a few shorts.No wonder they are trying to break the forward momentum. The stock could snap loose and they would squeeze themselves.

TG



To: Bindusagar Reddy who wrote (49255)6/26/1998 12:42:00 AM
From: Dennis R. Duke  Respond to of 61433
 
3 million more short shares and ASND still touched $50 intraday recently. I guess that tells us there is still more upside in the good ol ASND. The short squeeze post earnings will be fun. But remember that will be followed by the usual and normal for ASND management selling. That will put the usual negative into the stock, and potentially create a buying opportunity.

Dennis


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