Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

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To: adam hefian who wrote (19545)	10/28/1997 9:42:00 PM
From: satish kamat	of 61433

Not so fast. I don't think so. Market already reacted (yesterday/today) to Mo and Curly's filings. That's why ASND first broke below 30 level yesterday and got whacked in the morning. After that we saw small blocks. Remember, today market went into complete contol of momentum investors after 10.30 am. Of course these stocks took off today. Expect a decent sell off in many of these stocks while small stocks once again take control by continuing to outperform big caps. Early November institutions will start buying value again.

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