ASCEND 1997 : The reasons why it will descend. Message Board

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Technology Stocks : ASCEND 1997 : The reasons why it will descend.

ASND 197.33

-5.3%

Nov 5 3:59 PM EST

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To: Dee Jay who wrote (50)	1/20/1997 10:53:00 AM
From: michael c. peterson	of 122

Dee Jay, ASND will not escape a downturn in techs.We witness that back in july. ASND is in the portfolios of funddumbs and momentum geeks that don't understand the technology or do any research on the company,so any slowdown in growth will send them to the exits.Money Managers and Brokers put institutions which are investing pension and 401k money in stocks like ASND along side stocks like KO,DIS,MSFT,GE,INTC ect. Stocks like ASND will get wacked first. MP

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