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Technology Stocks : Ascend Communications (ASND)
ASND 212.33+1.1%Nov 28 9:30 AM EST
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To: swrdfsh who wrote (26650)12/6/1997 3:54:00 PM
From: Tim Luke  Read Replies (2) of 61433
 
All CNBC has to do is come out saying there is a rumor of a buyout and the stock goes up, two days later and they come and say the rumors are dead and the stock drops faster then it went up. More people want out on a false rumour then they do on a maybe rumor.
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