Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 222.07

-0.2%

Feb 9 3:59 PM EST

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To: Glenn D. Rudolph who wrote (8988)	8/15/1997 6:58:00 PM
From: Brian Lin	of 61433

Only God will know whether it will be 10% or 20% correction. At least I know the market is closed at its lowest point of the day. Technically, it was pretty weak for bulls (I guess they just gave up today). Money magazine predicts that we will see low 6000s by the year end before it resumes upward. Do you believe them? They make those prediction based on the assumption that earning will be slowing down for next two quarters. Not interest rate! Who knows. Asnd was doing fine today due to someone upgrade BAY.

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