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


To: blankmind who wrote (38249)3/7/1998 2:09:00 PM
From: jach  Read Replies (1) | Respond to of 61433
 
<<ever notice as the naz is making new highs these stocks were heading down? i am
sure there was information about this outside the company.

prior to the intel warning it was trading at

94 on 2/25 and at 86 on 3/4 (almost 10% correction from the high) and then down
to 76 on the announcement.

cpq

2/25 34
3/6 27 1/2
3/9 ?????? >>

possibility is there as always. After the facts, things look much more clearer. Big question is, does a 10-15% correction have a high % of correlation to this type of scenario?, there are quite a number of stocks that fit this movement as of this last Friday. Sell them all, if one owns them??



To: blankmind who wrote (38249)3/7/1998 2:35:00 PM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 61433
 
ever notice as the naz is making new highs these stocks were heading down? i am sure
there was information about this outside the company.

prior to the intel warning it was trading at

94 on 2/25 and at 86 on 3/4 (almost 10% correction from the high) and then down to 76
on the announcement.

cpq

2/25 34
3/6 27 1/2
3/9 ??????

my prediction is for under 26 1/2 at the close.


blankmind,

I have noticed this with so many companies it is sickening. It is time the SEC makes an effort to enforce the current laws. The companies leak information to analysts and large funds prior to a general press release. Totally illegal.

Glenn