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Technology Stocks : Ascend Communications (ASND)
ASND 206.43-1.2%3:36 PM EST
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To: Tim Luke who wrote (53260)8/31/1998 1:05:00 PM
From: H. Wai  Read Replies (1) of 61433
 
Tim,

How do you understand the market right now? The market seems very strange, especially the Nasdaq. It continues to drop more than
2% each day for several days. And all these drops are unexpectedly due to the economic crisis from Russia, not directly from the Asian financial crisis. Do you see a lot of people shorting stocks or simply panic selling? How low do you think Nasdaq will drop?

Thanks,

H.Wai
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