Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.01

+1.7%

Nov 26 3:59 PM EST

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To: hitesh puri who wrote (60172)	2/26/1999 4:49:00 PM
From: Mighty Mizzou	Read Replies (1) of 61433

Institutions are puking tech out whether it has anything to do with PC or not it does not matter. I beg to differ. The low volume and narrow breadth suggests that individual investors are selling and institutions are staying pat. As long as earnings are not threatened, they will stay put. And even if earnings are a problem, it will take several quarters of disappointment to get a significant institution to reduce it's stake in a Dell, MSFT, CSCO, INTC, IBM, LU, HWP, and the like blue chippers. So far earnings have been impressive for the big guys. Especially us! GO ASND!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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