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To: Larry S. who wrote (13395)	2/12/1998 7:55:00 AM
From: Ron McKinnon	Read Replies (1) \| Respond to of 53068

ASND Larry, I may well be wrong but I just don't buy ASND having only 6% institutional ownership This may well be one of those "don't believe everything you read " things Watching the tape on it tells me that the funds "must" own more like 50% of it rather than next to none Maybe a typo in the WSJ or on that post in SI? Just my gut feel

To: Larry S. who wrote (13395)	2/12/1998 12:01:00 PM
From: DanZ	Read Replies (2) \| Respond to of 53068

PETM, SCOP, LNET, ADAC. It has been a couple of weeks since I made comments on these stocks and I wanted to give an update. I am holding 5000 PETM at 7 3/8, 2500 SCOP at 11 5/16, 4000 LNET at 11 3/8, and 3000 ADAC at 20 3/8 in my personal account. We are also holding these stocks in the Z Portfolio. PETM has resistance on the daily chart at 7 5/8 but it looks to me like it's finally giving in. If and when the bid gets to 7 3/4, I think the stock will move up to 8 1/4 to 8 1/2 in fairly short order. The money flow has been good the past few days and the stock has made an upward sloping triangle pattern on the daily chart. The low on 12/16/97 was 6, the stock then rallied and pulled back to 6 1/2 on 1/23/98, then rallied and pulled back to 6 7/8 on 2/10/98. Each successive low is higher than the previous low and this is a bullish chart pattern. PETM announced that they hired a new President/CEO yesterday and this also gave the stock some support. SCOP is in a trading range between 10 3/4 and 13. I would continue to buy it in the lower end of the range and sell it as it approaches the upper end of the range. LNET is stuck in a trading range between 10 1/2 and 12 1/4. It doesn't look very exciting right now but I think it's a good holding at the current price of 11 1/2. Morgan Stanley initiated coverage of LNET last week with an outperform rating and I think this will help the stock. Earnings are due out in about two weeks and I think it is positive that Morgan initiated coverage this soon to earnings being released. I think the stock will likely retest longer term resistance at 14. ADAC has stiff resistance between 22 and 22 1/2 but I like the chart pattern and am planning to hold my stock rather than selling near this resistance. While I don't like to make predictions, I think it is likely that the stock will break 22 1/2 and move up to 24. I'm basing this opinion on the tick pattern and the fact that the upper daily bollinger band is now rising. The stock is under accumulation and I think it is likely that it will move through resistance at 22 1/2. Dan