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

To: Mark Duper who wrote (59863)	2/9/1999 10:32:00 AM
From: Pat Hughes	Read Replies (2) \| Respond to of 61433

I'm hanging...Escept that a bought a huge chunk of DELL with all that phoney "buying power" that a $90.00 Ascend got me. So I am getting crushed and will have to feed the "margin monster" one way or another. Pat hughes

To: Mark Duper who wrote (59863)	2/9/1999 2:36:00 PM
From: Jorj X Mckie	Read Replies (2) \| Respond to of 61433

Hey Sup, It looks like the support for LU at $96 held (there is also support at $94). The P&F support points for ASND are pretty meaningless now, so I am using LU's support to determine entry into ASND. Got into the March 70s today. S$P, Naz and Dow all came close enough to my downside targets and bounced so I decided to go long on everything. JXM

To: Mark Duper who wrote (59863)	2/9/1999 2:52:00 PM
From: Tomfoolish	Respond to of 61433

It's mindboggling that asnd/lu keep dropping on such small volume. What a buying opportunity. I'm holding and looking to tap into cash reserves to snag some more bargains. Nearly the entire tech sector is affected, good stuff going down and dogs going up. Excuse my ignorance, but is this some kind of programmed selling? If so, why doesn't it show up in the volumes? I'm wondering about that NYSE "Index arbitrage curbs lifted" comment concerning the sudden fall that happened week before last. Are there market underpinnings that are routinely manipulated here? I'm confused...