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Technology Stocks : Ascend Communications (ASND)
ASND 220.58+5.0%Dec 12 3:59 PM EST

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To: Kumar Nathan who wrote (12433)9/14/1997 9:00:00 PM
From: kvogel   of 61433
 
To All: Do your homework or see a psychiatrist if you need help. COMS is a perfect example of what is currently happening to ASND. Check the chart on COMS and you will see that the big panic downdays involved 30-40 million shares in the panic(about 150 million in one week). The true bottom was reached on 12 million shares (after the total panic). Volume tells the story and in the end MM's and those who waited til the panic stopped and the number of grief stricken ASND holders are so demoralized that this thread slows up will be in at the bottom. My position was bought at 53 so I'm not singing my praises but volume tells the story. As long as there are big sellers this downturn is not done.

Karl
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