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


To: Tim Luke who wrote (37343)3/3/1998 4:04:00 PM
From: Gary Korn  Read Replies (1) | Respond to of 61433
 
Closing prices of selected network stocks, Tue., 3/3/98:

ASND- 33.87 -1.19 33.87 b 34.00 a 10x33 63593 16:00 34.44 h 33.44 l *PAIR 19.81 -.50 19.75 b 19.87 a 32x20 9457 16:00 20.25 h 19.50 l *COMS+ 35.25 -.38 35.06 b 35.12 a 63x44 76254 16:01 35.31 h 34.19 l *CS+ 14.25 +.25 14.19 b 14.31 a295x190 31173 16:01 14.37 h 13.56 l *CSCO+ 64.50 -.75 64.44 b 64.50 a 10x20 87263 16:01 65.00 h 63.37 l *NN- 24.25 -.44 24.19 b 24.44 a 12x5 15062 16:01 25.31 h 24.19 l *NT+ 53.12 +.38 53.06 b 53.19 a 5x10 9703 16:00 53.81 h 52.50 l NETA- 63.75 -.38 63.75 b 64.00 a 10x20 12814 16:01 64.25 h 62.75 l *TLAB- 57.06 -.97 57.06 b 57.12 a 4x10 27156 16:01 57.62 h 56.50 l *SHVA+ 12.75 -.75 12.62 b 12.75 a 10x10 17379 16:01 13.44 h 12.50 l *XIRC+ 12.25 -.25 12.12 b 12.25 a 10x10 3366 16:01 12.50 h 11.75 l *XYLN+ 22.88 -.06 22.81 b 22.88 a 10x10 12294 16:01 22.88 h 22.00 l *FORE+ 15.81 +.31 15.81 b 15.87 a 17x66 22003 16:01 15.94 h 15.12 l *BAY- 31.25 -.50 31.25 b 31.31 a100x100 62379 16:02 32.00 h 30.00 l *MRVC+ 23.12 +.88 23.06 b 23.12 a 32x20 23965 16:01 23.37 h 21.50 l *LU+ 105.00 -2.69 104.94 b 105.00 a 10x165 22299 16:01 106.50 h 104.75 l MADGF- 6.44 -.19 6.44 b 6.50 a 50x10 2921 15:59 6.56 h 6.25 l WSTL+ 13.25 +1.56 13.12 b 13.25 a 10x10 5389 16:01 13.25 h 11.63 l QWST- 36.00 +.00 36.00 b 36.06 a 5x11 7999 16:00 36.50 h 34.50 l CIEN+ 41.47 -.47 41.44 b 41.50 a 10x10 16057 16:00 41.94 h 40.06 l NWX 309.13 -4.84 16:03 313.97 h 306.29 l



To: Tim Luke who wrote (37343)3/3/1998 9:23:00 PM
From: Sowbug  Read Replies (2) | Respond to of 61433
 
There is no reason for asnd to be down, don't be surprised if something happens this week that will leave the panic retail sellers in the dust.

I agree, Tim. Although there's been a general selloff in techs the last two days, it was done without general fear (evidence: MSFT up, CS bouncing, recent big gainers like ATHM/YHOO/AMZN down but not to the pre-runup levels), although in many specific cases it probably was panic selling. Many people thought this might be the start of a March '97 repeat, but it looks like this wasn't it (though there's still lots of March left). Conclusion: buying opportunity today & early tomorrow.