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Technology Stocks : Ascend Communications (ASND)
ASND 218.15+0.3%9:32 AM EST
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To: username who wrote (42416)4/6/1998 5:08:00 PM
From: Peter Yang  Read Replies (2) of 61433
 
>>Some market experts, noting the decline in nearly every major Nasdaq issue, said the index was poised for a severe correction, and that some important technology stocks were already in bear markets.

''I think you'll see a 5-to-8 percent drop on the Nasdaq from here,'' said Gary Kaltbaum, a technical market analyst at J.W. Charles. ''The technology stocks are going to get smashed.'' <<

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