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Technology Stocks : Ascend Communications (ASND)
ASND 210.50+0.6%3:59 PM EST
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To: Bald Eagle who wrote (24629)11/25/1997 9:11:00 AM
From: Joseph Pareti  Read Replies (1) of 61433
 
<<Japan sinking, down 5.2 per cent.....tomorrow should be
interesting....the yank>>

I'm giving up using common wisdom as it fools me almost
systematically :
after Takushoku went under the Nikkei surged; on Friday the street completely disregarded Yamaichi; the Korean stocks that showed
some signs of hope last week BEFORE the IMF package was official
are now tanking more than ever; and now everybody is rediscovering
the Asian fear. What is the thing that made the stocks fall yesterday
and rise today, besides collective madness
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