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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%Dec 5 9:30 AM EST

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To: Paul Barr who wrote (10100)8/29/1997 8:30:00 AM
From: Narotham Reddy   of 61433
 
Day Traders Online comments on ASND

Aug 29

"The one raw spot in the portfolio was the
unexpected down grade of ASND yesterday,
however this may not be a totally bad thing.

It could likely push the stock down and scare
out much of the crowd. We are still holding
and feel the stock will move higher down the road"
(as long as it doesn't hit our stop, we'll stand
pat and use continued weakness to accumulate). "

"Some nice action in the trading desk today
during a tough market. ASND, DELL, AMAT and
INTC all called short intra day in what our
Trading Desk editor called "The bear's raid on
the tech sector".
--

Narotham
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