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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Mikhail Rasolis who wrote (18823)	10/23/1997 10:02:00 AM
From: Gary Korn	Read Replies (1) \| Respond to of 61433

For what it is worth, Merrill has been holding off selling as best it can today. It's offer has been consistently above the market (now at 34). Even Goldman, which seems to have been a seller, did not come down to the market price on the offer. Also, only 4 trades of 20,000 or more over 1/2 hour into trading (the most being one 30,000 share trade). Suggests the selling is retail, not institutional. Gary Korn

To: Mikhail Rasolis who wrote (18823)	10/23/1997 10:09:00 AM
From: sepku	Read Replies (3) \| Respond to of 61433

Wow! You gotta love these opportunities. Thanks to HK's woes, there's a great bake sale in progress market-wide in the US stock market. I picked up more ASND @33.5 this morning, and also loaded up with CYMI @26 5/8. Global concerns and a shift to gold?! HA! There will be afternoon buying and most of these losses will be recovered, I think. And looking at the silver lining...according to market analysts and economists, there is now no chance in hell the Fed will raise rates in Nov. I think I'm gonna pick up some VOCLF and maybe some UTEK too... Style Pts.