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Technology Stocks : Ascend Communications (ASND)
ASND 202.96-2.8%Jan 9 9:30 AM EST

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To: Kumar Nathan who wrote (11040)9/9/1997 9:19:00 PM
From: Narotham Reddy   of 61433
 
What do we make out of this ?

Well, the news and views clearly state that the worst is over.
(No pre-announcements like APAC did today and the stock tanked)
ASND, neverthless, hesitantly made some cautious remarks on the European sales, and of course, there were no announcements either. Barring that I found nothing unusual.

It appears like the so called Fund "hawks" are back big time and the institutional buying will be brisk, IMO.

Narotham
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