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

To: Gary Korn who wrote (40509)	3/22/1998 8:38:00 PM
From: Sector Investor	Respond to of 61433

<<1. I have a loss in ASND that I cannot take due to wash sale rules. Therefore, my accountant has told me to exit all ASND positions for 30 days. I did so during this past week.>> Now I see why ASND went down last week! <g>

To: Gary Korn who wrote (40509)	3/22/1998 8:41:00 PM
From: Joseph Colombo	Read Replies (1) \| Respond to of 61433

Gary, It's rainy & snowy today, so I sat at home and took a look at some historical data. This was the last 500+ point event. Friday 10-24-97 through Wednesday 10-29-97. This is when the DOW on: 10-24-97 Friday DOW closed at 7751 10-27-97 Monday DOW closed at 7161 10-28-97 Tuesday DOW closed at 7498 10-29-97 Wednesday DOW closed at 7506 I did this because popular opinion believes that a correction is coming soon. I wonder. It seems that money keeps coming into the market, and when there is bad news,it seems to just switch from one sector to another and doesn't really leave to go anywhere else. Lets face it, where else is there to go. This market Psychology is different that what I remember 10+ years ago. Back to my October historical stuff, I consider that week in October a tough one, yet with in a few days the market was back to 99% of where it was the week before. The market didn't do much for the rest of 1997, but 1998 has been unbelievable. Another thing is the NASDAQ. The DOW and the NASDAQ have been doing their own thing. On major news, they do move together but mostly they are not connected at the hip. I think I am rambling a little, but what's starting to look obvious to me is that there doesn't seem to be any one news story, one big fund, or one of anything that can steer the market for more than a day or two. That means much less manipulation than times past. I think we are all waiting for something to happen, and I wonder if that kind of stuff is still the way things are. The individual investor is becoming a major force and I think that we may be giving the market more stability that it has ever had before. Just a thought. Joe

To: Gary Korn who wrote (40509)	3/22/1998 8:59:00 PM
From: FUZFO	Read Replies (1) \| Respond to of 61433

Gary, Just when I thought I was psychologically prepared for the next 3 1/2 weeks leading to earnings, .... say it isn't so !! I feel like I've lost a platoon leader, the rock that grounded the thread during uncertain times, the guy who would go belly down on a grenade to save a fellow asnd'ers assend, the humorist in times of agony and suffering. Things just won't be the same knowing you won't feel the joy of every uptick or pain of a downtick along side us. (VBG) Good Luck and Godspeed, Kind Regards, Fuzfo

To: Gary Korn who wrote (40509)	3/22/1998 9:18:00 PM
From: chanakya	Respond to of 61433

Gary, First post. Have been a lurker for quite some time. Does it also mean that you will stop posting valuable info on ASND? folks, we need to take the ups and downs with a grain of salt. Remember that the stock did move quite nicely from 30 to 38 in a short period of time. I don't remember seeing any really positive news during that time. likewise, we need to take this recent decline. Just like that. Earnings will certainly play an important role. Until that it is just market playing out its game. Be a spectator and have fun instead of worrying too much. my 2 c worth of philosophy!!! Thanks Gary for all your efforts.

To: Gary Korn who wrote (40509)	3/23/1998 1:34:00 AM
From: pass pass	Respond to of 61433

OT Gary, how to trade with 401k account? Right now, I trade with my IRA account, but the 401k money deducted from my paycheck each time goes into mutual funds picked by my company. I don't have the freedom to buy individual stocks with it until I change job and roll that money over to my IRA account. How do you do it? Thank you for your time.