Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 220.58

+5.0%

3:59 PM EST

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To: sepku who wrote (9984)	8/28/1997 11:03:00 AM
From: Jeffery E. Forrest	of 61433

Just to put things in perspective CSCO down 4+ COMS down AGAIN VST down 7% FORE, CS and SHVA all down as well. As yet I can find no good reason for the entire group to be down this hard. Yes, ASND is down the hardest, BUT also has the highest P/E. **** I am in agreement with you inre ML. Seems VERY suspicious that they would downgrade THIS week when exaggerated moves can happen due to everyone being out on vacation. **** That said, I STILL say Unkie Mory is prone to "irrational exhuberance"

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