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

To: mysore_han who wrote (50666)7/29/1998 6:05:00 PM
From: djane  Read Replies (1) | Respond to of 61433
 
On CNBC today, Bob Pisani reported a couple times that telecom equipment sector is 13.1% off its yearly highs. Pretty similar to % decline for ASND, LU, CSCO, etc.



To: mysore_han who wrote (50666)7/29/1998 6:10:00 PM
From: djane  Respond to of 61433
 
Kernan on CNBC just reported on SRA rumor. Said analysts had reviewed and dismissed a purchase by ASND, HWP or SUNW. Showed the chart of SRA from 60 to low 20s and said such rumors tend to occur at that point. Said NYSE officials talked to SRA and management had no comment on their 10x normal volume.


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