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Technology Stocks : Ascend Communications (ASND)
ASND 211.05-0.7%Dec 1 3:59 PM EST

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To: Gary Korn who wrote (19348)10/28/1997 1:03:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 61433
 
Second, it is not fair for you to just up and go to sleep while we here
out west have to agonize over the HS, the Nikkei or what-have-you for
another 2 or 3 hours before bedtime.


You missed the close of the Nikkei. I was awake for that<G> I should not have been, however.

Third, the Nikkei seems to be valiantly battling back point by precious
point (even as Hong Kong tumbles still more)...perhaps, just perhaps,
that is a good sign (if it lasts).


It was a good sign. That is clear.

First, there was a nice post earlier that noted that the U.S. market had
already lost twice the value of the entire Hong Kong market. So, to some
degree, this clearly is overblown.


I assume that was in dollars and not percentage.

Glenn
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