ASND - Discussion, but no quotes Message Board

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Technology Stocks : ASND - Discussion, but no quotes

ASND 197.59

-0.8%

Nov 7 9:30 AM EST

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To: Carl R. who wrote (87)	9/13/1997 10:58:00 AM
From: Ling Chen	of 186

I agree with you that ASND will go down further. Because Friday it broke 52 weeks low(which is 36 1/8). I think probably some momentum mutual funds are exitting their ASND position. Just like CSCC and FORE before. ASND was those MM(money manager) darling. Institution hold the biggest part of ASND. If those big MM dump this stock, we, small investors can not do anything. I am just try to figure out where is the entry point for me to double my position. I think like you said, it will go to $31-$33 range. Will it go below $30 ??? Anyway, if it goes below $30, I think it's very good opportunity to buy. Market is crazy. Noboday knows. COMS was $24-$25. IOM was $13, FORE was $10. check them they are all doubled. I own some share of ASND, but these days I am not going to buy more. Because my feeling it will go down further. Probably I am wrong.

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