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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Len who wrote (2528)	12/24/1998 10:08:00 AM
From: Poet	Read Replies (1) \| Respond to of 56535

Very scary action on ASCT, but remember it's thinly traded and volatile, so don't watch each tick. I think you'll be OK. Poet

To: Len who wrote (2528)	12/24/1998 10:10:00 AM
From: Tony B	Read Replies (2) \| Respond to of 56535

Len - ASCT - My guess would be that many were expecting a formal announcement of the buyout due to the runup yesterday. Some might be getting nervous and locking in gains. Also, could just be the MMs trying to get shares. That about cover all the possibilities? g If you feel uncomfortable, it might be a good idea to sell half your holdings and take some profit. You can always buy back at a slightly lower or higher price. Good luck to all of us. llater, Tony B

To: Len who wrote (2528)	12/24/1998 10:19:00 AM
From: Bradpalm1	Read Replies (2) \| Respond to of 56535

Don't get shaken out by the MMs! As word of the buy-out rumor circulates on the street, lots of price manipulation occurs to induce weak hands to sell. The MMs then accumulate cheaper ASCT shares and the price rises again. If anybody is nervous, take your initial investment out by selling some shares and let the rest run. You can't lose this way. Otherwise wait for the news to hit (next week?) and sell into it. This rumor remains strong for now.... Bradpalm1