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Technology Stocks : Ascend Communications (ASND)
ASND 201.08+2.6%Nov 11 3:59 PM EST

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To: garrick le who wrote (55976)10/16/1998 1:46:00 PM
From: gbh  Read Replies (1) of 61433
 
Of course that is barring any real bad news in the financial sector.

Well, many of the pundits believe this "surprise" rate cut was for just that reason. Speculation that the possibility of a major NY bank failure might have prompted this cut.

Gary
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