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

To: gbh who wrote (57931)	12/7/1998 4:39:00 PM
From: Tim Luke	Read Replies (3) \| Respond to of 61433

last trade 59 7/8 after market

To: gbh who wrote (57931)	12/8/1998 12:40:00 PM
From: Lutz Moeller	Respond to of 61433

Gary Your take below sounds reasonable to me. I'm out ASND dec 1 at 55,94 what a pitty. Lutz <<My own take is that most of this rally (ASND and others) is short covering related, along with the absolute fact that that institutional money managers again have huge cash reserves, and are flocking to names that are not likely to disappoint this Q. ASND is near the top of this list of "in the bag" stocks.>>