Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 206.71

-0.9%

12:39 PM EST

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To: garrick le who wrote (52553)	8/21/1998 7:05:00 PM
From: Sanzen	Read Replies (1) of 61433

Today IMHO marks a strong reversal of the down trend we have been seeing since last month. Unless Russia becomes an anarchy,the market should have seen its bottom. Of course perenial bears have a different view. The other day I heard on the radio saying that the entire Russia stock market is only 1/10 of Microsoft market capitalization, which equates to 27 billion dollars. It's hard to imagine this. Perhaps only a small percentage of Russia enterprises are on the market. I bring this up as something to muse about, not to argue about or contradict with your point of views.

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