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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: Gary Wisdom who wrote (40608)3/23/1998 6:11:00 PM
From: RobZ  Read Replies (1) of 61433
 
Gary, the CS warning was issued a long time ago and the big money already factored this into the stock/sector. You are likely correct about the absence of after hours volume and the so called "ASND selloff" is really from a few "boutique" shareholders.

Copied from CS thread:

To: Peter Yang (3089 )
From: David Farnham
Monday, Mar 2 1998 4:41PM EST

Cabletron Systems (CS) 13 1/4 -2 1/4: computer networking concerns is
projecting a sequential decline in revenues as it sees fiscal Q4 revenues of between $305 and $320 mln, 3.6% to 8% below Q3 level; company expects to take a Q4 charge for digital network closing.....

Cheers,

RobZ
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