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Technology Stocks : Ascend Communications (ASND)
ASND 220.42+4.9%Dec 12 9:30 AM EST

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To: Tim Luke who wrote (37343)3/3/1998 9:23:00 PM
From: Sowbug  Read Replies (2) of 61433
 
There is no reason for asnd to be down, don't be surprised if something happens this week that will leave the panic retail sellers in the dust.

I agree, Tim. Although there's been a general selloff in techs the last two days, it was done without general fear (evidence: MSFT up, CS bouncing, recent big gainers like ATHM/YHOO/AMZN down but not to the pre-runup levels), although in many specific cases it probably was panic selling. Many people thought this might be the start of a March '97 repeat, but it looks like this wasn't it (though there's still lots of March left). Conclusion: buying opportunity today & early tomorrow.
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