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

To: Wesley Zega who wrote (37794)3/5/1998 3:23:00 PM
From: Finder  Read Replies (2) | Respond to of 61433
 
Massive sell programs are destroying any attempt of market to rally at close. caused by arbitrage in advance of employment numbers tomorrow morning.

Computer program trading will destroy this market before it is over.



To: Wesley Zega who wrote (37794)3/5/1998 4:37:00 PM
From: Dennis R. Duke  Read Replies (2) | Respond to of 61433
 
Maybe the mighty Cisco decided to join Intel in giving a warning?



To: Wesley Zega who wrote (37794)3/5/1998 8:37:00 PM
From: Ken Moser  Read Replies (2) | Respond to of 61433
 
Wesley -

<Not that it shouldn't happen to a nicer stock)>

Could you explain that? Are you suggesting that if the dominant networking Company gets crushed, that somehow this is of benefit to other networking stocks? This is not as zero sum game. If the market decides to punish the leader; the rest will soon follow.

JMHO
Regards




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