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Technology Stocks : Ascend Communications (ASND)
ASND 222.07-0.2%Feb 9 3:59 PM EST

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To: Ajay Nandanwar who wrote (8981)8/15/1997 6:34:00 PM
From: Brian Lin   of 61433
 
I don't really think options expiration was the main cuase of today's 3% plunges. A lot of stocks are just too expensive based on their pe ratio(not include asnd). We really need to take a rest before resume upward. Dow is about 5.5% off its peak. There are about 400 points more to go before completing the 10% correction. Hang on there. Remember last summer's correction, you should wait until second leg of a w bottom before get in (It's safer). Good luck to alll of us.
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