Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 202.23

-4.2%

Dec 2 3:59 PM EST

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To: Jan Crawley who wrote (40493)	3/22/1998 12:50:00 PM
From: Peter Yang	Read Replies (2) of 61433

I don't expect ASND to rise much next week, barring any significant news. The best it can do is to stablize in 31-34 for now. Since it's now window dressing time for fund managers and many fund managers are rotating their money out from Tech sector and into other sectors. The money flow to Tech sector is currently negative. NASDAQ will continue to underperform relative to DOW and S&P for awhile. I wish those fund managers would rotate their money back to the tech sector soon, the DOW is just getting too hot!!!

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