Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 202.23

-4.2%

3:59 PM EST

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To: Tim Luke who wrote (46677)	5/12/1998 10:19:00 AM
From: Darren	Read Replies (3) of 61433

Here's the pattern for today. Lunch will stay +/- 44 3/4, and then we'll be going as low as 43. If it goes below 43 today, I'm surprised as much as you are. But, the euphoria bubble has burst. All that's left is paranoia...when will it happen? what will we do? Is it going to crash like a badly wired 737? It's now 10:15a. That represents capitulation...meaning the entire up cycle extending from yesterday gave us exactly 200 basis points on Futures, or 3/16. Now, for the down cycle...heh, heh, heh... Wow, I slept well last night. How about you guys? The mighty pendulum swings...

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