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

To: Bindusagar Reddy who wrote (52816)	8/26/1998 11:16:00 AM
From: luther yow	Read Replies (1) \| Respond to of 61433

If short interest has increased that much then someone is manipulating the stock for their own interest. I hope it will get low enough to be a buy for us also. The trend is down until the shorts start covering. Good Trading Luther

To: Bindusagar Reddy who wrote (52816)	8/26/1998 11:37:00 AM
From: Jan Crawley	Respond to of 61433

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. Hi BR, Just want to remind the thread that the "arbitrage" positions for Asnd/Sra impact short interests.