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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: djane who wrote (50214)7/20/1998 2:47:00 AM
From: Jon Cave  Read Replies (1) of 61433
 
Djane, I have a question I have been trying to answer?

If the market was to drop about 500 pts sometime in the next month or two, how do you think Ascend would hold up.

My best quess is that there is probably a greater than 50 % chance that ASND would stay above 50. I expect to see some more upgrades in the next few weeks and would find it hard to believe that Ascend would drop below 50 for very long. If it did drop under 50, I think you would see a quick rebound.

The only way I could see Asnd droping under 50 was if there was some
Asnd part that caused a major outage.
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