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

To: john dodson who wrote (34676)	2/13/1998 10:13:00 AM
From: blankmind	Respond to of 61433

the contest goes until 2 weeks prior to earnings. i still expect asnd to win. even if asnd is bought out soon, which i do not expect, the deal will not consumate prior to earnings.

To: john dodson who wrote (34676)	2/13/1998 1:56:00 PM
From: Maverick	Respond to of 61433

U.S. TRADING SUMMARY: Wall Street stocks were weaker at midday Friday, but the profit-taking that pulled the market lower at the open was easing as investors looked forward to a three-day holiday weekend and the prospect of more gains next week. "We are getting consolidation as we go up and the market is acting well," said Jonathan Dodd, technical analyst at Morgan Stanley Dean Witter. "The market is going to go higher." At 1:20 p.m. ET the Dow was off 27 points at 8342. The S&P500 index was down six points at 1018. Market breadth was negative as declines led advances four to three, with volume at 336 million shares. The Nasdaq was off three points at 1711. While the Nasdaq, Dow Industrials and the S&P500 were all weaker, the small cap sector was able to eke out modest gains. The Russell 2000 index was up 0.48 point at 453.