Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 207.04

+0.7%

3:59 PM EST

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To: Chi-X who wrote (23121)	11/13/1997 1:52:00 AM
From: Christopher Reed	Read Replies (1) of 61433

So what ever happened yesterday, happened at 3:00 pm. Intraday charts of about 40 stocks show all started to drop at 3. About 15 min later the bottom fell out and we ended with dow down 157. The question is what news hit the tape at 3:00. Best example was msft. FOMC officially at 2:15 (although a post here at 2:08 called it right) The UN condemed Sudam but that was also well known. There was something about Brazil but they have been unstable for days. Aisa was asleep. We knew they were down all day. I bought asnd at about 10:05. (broker put me on hold for about 3/8). It was UP UP UP as high as 25 1/8. I was happy as a clam at high tide at 11:00 and had to leave my 'puter. I got back after close and was shocked. WHAT THE H WAS ANNOUNCED AT 3:00? Inquiring minds want to know. At least I broke even on asnd. I was just down the commission. ASND has bottomed and has turned around. This is another chance to buy.

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