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Technology Stocks : Ascend Communications (ASND)

ASND 200.71

-3.1%

10:12 AM EST

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To: gbh who wrote (55969)	10/16/1998 9:26:00 AM
From: Glenn D. Rudolph	Read Replies (2) of 61433

Glenn, we did re-test the closing low of 7500 (early Sest), and we held. I don't think its likely we get that low again. I think we hold at least a couple hundred points above that on any subsequent dip. The Fed's new proactive stance will give fund managers more confidence to deploy IMO. Gary, I am just thinking about next quarter company earnings in general. Glenn

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