Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 213.41

+1.4%

1:36 PM EST

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To: Glenn D. Rudolph who wrote (19433)	10/28/1997 1:53:00 PM
From: Peter Yang	Read Replies (1) of 61433

>>When asked about their long term view of the markets, Day Traders On-line still remains fairly bullish, even on a number of tech stocks such as CPQ, ASND and feels that much of this selling is likely to be viewed as a buying opportunity shortly. ''These companies (while they may have some pressures from Hong Kong) still do business largely in the U.S. -- fundamentally things haven't changed enough to warrant this sort of selling. It appears to be the beginning of much needed capitulation in the markets. Ultimately, that will allow us to see higher levels down the road.'' << biz.yahoo.com

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