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Technology Stocks : Ascend Communications (ASND)

ASND 210.50

+0.5%

Nov 21 9:30 AM EST

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To: jhild who wrote (20098)	10/31/1997 12:32:00 AM
From: Douglas V. Fant	Read Replies (1) of 61433

jhild, The Globex futures on the NASDAQ100 have now turned medium to strongly positive now. Be patient guys and gals- tax selling in the US for the next four weeks may slow things down a bit, but otherwise the volume these last few trading sessions suggest a "blowout bottom" was reached last week.... We'll vacillate sharply back and forth in a small range for a few weeks (IMO) til things settle down... Sincerely, Doug F.

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