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

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To: Peter Yang who wrote (42499)4/7/1998 11:11:00 AM
From: The Phoenix   of 61433
 
Peter,

NOt sure where your statement came from .... But what good news are investors selling on? Did a networker report good earnings only to see their stock sink? I don't think so. So, where did this statement come from?

>>Judging by yesterday's action, and today's activity thus far, getting the sense that investors will be initially inclined to sell on good news this earnings season, and to sell vigorously on bad news.<<

Gary (not Korn)
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