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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: vegetarian who wrote (29845)1/9/1998 4:09:00 PM
From: pass pass  Read Replies (1) | Respond to of 61433
 
Absolutely, unless miracle happens again like the morning on Oct.28
If Monday morning, Nasdaq drops 100 points, Dow drops 500 points, which companies will the bargain hunters (if any left) buy?



To: vegetarian who wrote (29845)1/9/1998 4:09:00 PM
From: JOHN CHEN  Read Replies (2) | Respond to of 61433
 
I am hoping that this is the weekend that ASND annouces to be acquired...



To: vegetarian who wrote (29845)1/9/1998 7:48:00 PM
From: James A. Shankland  Respond to of 61433
 
You wrote:

>>Why [will Monday be worse than today]?

Because US markets tend to lead world markets. Today's drop will be unkindly dealt with the world markets that open before US markets on Monday.


So if US markets lead world markets, and will take them down Sunday night, and world markets lead US markets, and will take them down Monday, and US markets lead world markets, and will take them down Monday night, and world markets lead ... etc. -- doesn't that mean we're going to 0?



To: vegetarian who wrote (29845)1/10/1998 6:23:00 AM
From: Jens  Respond to of 61433
 
Some hope: Korea is up 6% to 440points Saturday morning. Maybe SE Asia will help us Monday? Then I will add more ASND before New York opens...

Jens