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Technology Stocks : Ascend Communications (ASND)
ASND 207.27-0.8%12:17 PM EST

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To: Gary Wisdom who wrote (39657)3/17/1998 8:29:00 PM
From: Jeff Jordan  Read Replies (1) of 61433
 
Thanks for your analysis. You may be correct. I just don't like the sudden change. We have been doing a steady rise in increments. I thought it was good for the stock. JMO but I hate to see this type activity around option time. Earnings time I can understand.

The only reason I can think of for a large holder to suddenly decide to onload is the same reason I have been day trading. Ascend is getting near a short term top and the market is so ridiculously high a general market correction could come at any time. Of course there is the possibility somebody knows something? Lets hope the quality of Ascend gets us back on the rise again soon.

Jeff
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