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

To: Tim Luke who wrote (52814)	8/26/1998 11:01:00 AM
From: Bindusagar Reddy	Read Replies (3) \| Respond to of 61433

Tim, Any comments on big increase in short position this month. Is it related to arbitration related activity. The following companies had the largest increase in short interest: Washington Mutual Inc., up 6,671,314 shares to 43,812,153; Ascend Communications Inc., up 5,507,043 shares to 23,471,717; (THESE are a lot of shares to cover, especially with present volume of 3-4 million days. Tellabs Inc., up 4,006,222 shares to 29,935,979; Jefferson Smurfit Corp., up 3,347,655 shares to 4,527,960 and L.M. Ericsson ADR, up 2,604,672 to 5,853,054.