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Technology Stocks : Ascend Communications (ASND)

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To: Sector Investor who wrote (11456)9/10/1997 11:27:00 PM
From: Kumar Nathan   of 61433
 
Sector: I think todays sell off is mainly due to computer generated trading . Possibly due to Derivatives initiated also ( But it is hard for me to believe that ). The news I have is that todays drop is due to IBM's possible earning warning and also may be due to preparation in anticipation of Friday's economic #.
IMO the same guys who unwound today will start to buy back at much more faster pace than today.
Regards

Kumar
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