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Technology Stocks : AboveNet Communications, Inc. (ABOV) -- Ignore unavailable to you. Want to Upgrade?

To: BigAppleBoy who wrote (283)	4/1/1999 3:29:00 PM
From: Tom Hua	Respond to of 835

It's been stable between 126-127 in the last 3 hours. I think we'll see some decisive movements in the next 30 minutes. Traders don't want to take it home for the long 3-day weekend. If it goes up, I'll add to my short. If it goes down, that's OK with me too. Regards, Tom

To: BigAppleBoy who wrote (283)	4/1/1999 6:16:00 PM
From: Tom Hua	Read Replies (1) \| Respond to of 835

BigAppleBoy, time to reflect on today's trading action. ABOV closed 15 pts lower than the open, closer to the low than the high of the day, plus a couple of rally attempts in the last 15 minutes failed to do the job. This is very assuring for the shorts next week. Those who jumped in at the open thinking it could only go up received a rude wakeup call. We saw a shift in momentum and traders will always go with the wind. I expect mounting downward pressure next Monday. Regards, Tom