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Technology Stocks : Ascend Communications (ASND)
ASND 201.40+2.3%Dec 10 3:59 PM EST

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To: JH who wrote (20184)10/31/1997 12:47:00 PM
From: Chris Steele   of 61433
 
John,

Actually it is my understanding that many of the mutual funds have fiscal years ending Oct. 31st

Chris

Don't "new" quarters correspond to Apr 1, July 1, Oct 1, Jan 1 ? October 31 doesn't seem like the "end" of the quarter to me... why can we assume that today's sell-off is nothing more than fund managers desperately trying to get rid of ASND ?
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