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Technology Stocks : Ascend Communications (ASND)
ASND 210.44+1.9%12:39 PM EST

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To: Tim Luke who wrote (19632)10/29/1997 12:40:00 PM
From: MR  Read Replies (1) of 61433
 
I think ASND is just going down with the Tech's. A lot of money seems to be going to the so called defensive issues such as large utilities and food companies.The company I work for looks like its going to a high it hasn' seen for years and unless the FED is cutting interest rates by alot the price isn't justified. I don't think COMS or CSCO will do well over the short term in this environment unless the pyschology changes fast.
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