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

To: gbh who wrote (43944)	4/13/1998 9:41:00 AM
From: devil ray	Read Replies (2) \| Respond to of 61433

It looks like we had our morning rally. Asnd slipping to bid 39 15/16. Here come the sell on news guys. I see 38. This sucks. 1/2 point premium gone just like that on apr40's. Looks like earnings was viewed negative. Now 39.5 and sinking like the Titanic! Can you now say 39 3/8? Now 38 1/8! 2.2 million trades and the last million were almost all sells. Why doesn't anyone want to touch this thing? Looks like it's time to bail for a while. Looks to be setting up for a steep decline later.