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Technology Stocks : Ascend Communications (ASND)
ASND 210.44+1.9%12:39 PM EST

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To: Tim Luke who wrote (51622)8/4/1998 10:45:00 PM
From: Joseph Colombo  Read Replies (1) of 61433
 
ASND needed to go up while everything was going the other way. I believe that the core ASND investors are the ones that are left, and that these shakeouts are needed to start a new base.

Regarding the markets, I hope when things turn up that the small caps go for the ride, but I'm not sure.

I have called in a mortgage that I have been holding for the last 5 years, and luckily I will receive the proceeds this week. With my new found cash position, I feel that soon there will be some great buying opportunities.

The next few days will be interesting.

Joe
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