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Technology Stocks : Ascend Communications (ASND)
ASND 219.98-0.3%10:45 AM EST

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To: Jack Colton who wrote (38057)3/6/1998 11:23:00 AM
From: Gianluca Bacchiocchi  Read Replies (1) of 61433
 
<<Is there any correlation between market price (in general) and April tax payments?>> (by the way, how do you guys get the nifty italic font for quotations?)

My guess would be that tax season, which really begins in January and escalates in April, just adds some noise to the reporting season which begins all over again in April. It would be very hard to cut out the tax effect from the earnings effect to get any statistically significant correlation. JMO.

GB
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