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Technology Stocks : Ascend Communications (ASND)
ASND 209.15-1.5%Nov 20 3:59 PM EST

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To: hitesh puri who wrote (47757)5/29/1998 5:38:00 PM
From: Darren  Read Replies (1) of 61433
 
All righty then. Am seeing blood now on the streets now. Will see more on Monday.

OT: We can't go much lower before we start taking out 52 week lows...look at LSCC today (38 5/8); that's down 50% from last summer...does the street really believe that this company will earn 50% less money this year? I think it's end-of-the-month paranoia because of what happened on March 1 (CPQ/INTC warnings)...Monday is June 1, time for this quarter's warnings, but since expectations are more realistic this time, I don't see how we can go much lower...
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