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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: Dennis R. Duke who wrote (40059)3/19/1998 1:48:00 AM
From: NYKnick  Read Replies (1) of 61433
 
In no way, shape, or form do I call myself an expert on the market. But I am aware that two days this week, Wednesday and Monday, the NASDAQ made gains. (8+ today and double digit gains on Monday) However, ASND has gone down. to present levels. CSCO, COMS and other networkers (except BAY because they warned...which I still cant quite figure) have also been knocked around. I think this signifies something a little more bigger than OI, triple witching, and/or other fancy market terms. As of the close I have set stop losses on ASND and CSCO because I believe this is only the beginning. Comments?

NYK
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