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


To: Duke who wrote (50811)7/30/1998 10:33:00 PM
From: djane  Read Replies (3) | Respond to of 61433
 
Duke, I believe ASND's rise today was attributed to general S&P500 and NASDAQ100 rise and overall liquidity, Frontier nationwide ATM contract, realization that SRA rumor is almost certainly false, correlated rise along with LU, CSCO and telecom equipment suppliers, growing recognition of a strong earnings acceleration for the next 6-9 months, LU takeover possibility and good fundamentals mentioned twice today on CNBC, etc.

Hell, as I read the above summary, ASND should have risen 6 points like LU. I want my 3.5 points back to 55 taken away due to the bogus AFCI/SRA rumors. I guess a few shorts got to flee in the last few days.