Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 222.07

-0.2%

3:59 PM EST

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To: Brian Lin who wrote (8984)	8/15/1997 6:44:00 PM
From: Glenn D. Rudolph	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) I would agree with your statement Brian, I am just wondering if the typical 10% correction will occur or will it only be 5% due to the fact the market so much higher than in the past. Note there is not much downside for Ascend at least today indicated that. Glenn

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