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Technology Stocks : Ascend Communications (ASND)
ASND 213.290.0%Jan 2 9:30 AM EST

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To: Tom Hays who wrote (7305)7/24/1997 11:23:00 AM
From: Tom Latham   of 61433
 
All, This market may get ugly, on the AMX There is some serious shorting the S&P spyder at about 11am. over a million popped thru. The S&P is now trying to retrace so watch this level needs to not fail. This is about DOW 8000---- hope to hold this as bottom. If this envelope fails there will be some more downside for a day or so. ASND is still the stock to keep for the next 6 months regardless what this bobbing market gives day to day. TOM
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