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Technology Stocks : Ascend Communications (ASND)
ASND 207.87+1.2%3:07 PM EST

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To: Tim Luke who wrote (14938)9/29/1997 6:17:00 PM
From: John Puffer   of 61433
 
i didn't. i bailed this morning. i have noticed a trend. asnd, coms, csco, bay are "the networkers". in general, they have been moving up the last few days. asnd had positive news releases, but actually went down the last few days - didn't make sense.
when this "reverse trend" happens, that means the money managers, the fund managers, the "whoevers" that control the market - they got wind of something "big" (and bad) coming down the pike.
that's why i bailed.
john
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