Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 198.53

-1.9%

2:02 PM EST

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To: marie fouchia who wrote (12611)	9/15/1997 12:20:00 PM
From: john p. carney	of 61433

<Don't be so naive--the volume is way too heavy for this to be just a bunch of stupid panic selling> no no no. Very high volume IS indicative of panic selling. Remember PAIR some months ago? 20 million share days going down hard? And their fundamentals were fine. Actually quietly improving. I don't know where the bottom is here, but I'll wait for that multiple point low volume descent and then pounce. John

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