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Technology Stocks : Ascend Communications (ASND)
ASND 211.05-0.7%Dec 1 3:59 PM EST
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To: Glenn D. Rudolph who wrote (40927)3/25/1998 12:12:00 PM
From: Sanjay Cherian  Read Replies (2) of 61433
 
Bellwether: if I recall correctly, this is a sheep which has a
bell tied to its neck and is trained to lead the other sheep into
the slaughterhouse. In this context, a bellwether stock is the
one whose behavior will indicate the future tone of the market.
Hope this helps (and that I remembered correctly).

-Sanjay
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