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Technology Stocks : Ascend Communications (ASND)
ASND 210.01+1.7%Nov 26 3:59 PM EST

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To: Tim Luke who wrote (39793)3/18/1998 4:17:00 PM
From: Jeffery E. Forrest  Read Replies (1) of 61433
 
Hi Tim.
Looks like nobody wanted to hold this puppy overnight. Pretty good selloff at the end of the day and it looks like someone was trying to dump a big block right at the bell.
Curious to see if it'll still be there in the a.m. to start the day with a "hangover".

Some good trading if yer quick though. Been scalping the hell outta ASND and BAY the last few days. Both were good trades if you bought on the open.
(CYCH was GREAT today too. I got several nice trades for a 1/2pt each.)

I'm not holding anything overnight these days though. Risk/reward just isn't worth it.
Taking a tech stock home to bed these days is just asking to wake up with a royal reaming.
Maybe in a few weeks after all the warnings are out of the way.
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