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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Gary G. Wallrap who wrote (1637)7/7/1997 11:16:00 PM
From: AlienTech   of 120523
 
UUNET is switching over some csco stuff to asnd, what about it?
I think tomorrow's announcemnt has to do with other stuff and not the asnd deal. Why would a company make any kind of announcement about buyign something? Have to be pretty petty to be doing that. Today was just cause of another fear monger trying to make a market. When ever they want to accumulate shares they release a we are worried/concerned etc about something thats going to happen next year. When ever they want to short somethign they release a strong buy when the price is at an all time high.

Take a look

15:53 40000 @ 47 1/8 BUY
15:47 15000 @ 47
15:44 25600 @ 46 13/16
15:39 25000 @ 47
15:33 65000 @ 46 5/8
15:32 50000 @ 46 5/8

9:35 30000 @ 49
9:45 30000 @ 48 3/4

seems the scare worked to make someone accumulate some shares.
since the price seems to be moving up near the end. The price dropped due to mostly small investor selling and panicking whilew the smart money was buying it from them. Looks like a lot of the people who bought at 40 are now out of the game..
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