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


To: pat mudge who wrote (37597)3/4/1998 7:58:00 PM
From: blankmind  Respond to of 61433
 
pat,

in no way do i disagree with you, i actually believe it could be a buying opportunity if we drop suddenly and dramatically at the start of the day and then show signs of strength. this would help to show the impact is temporary and emotional, and the industrial investor has come in to clean up. i hope to add to my position tomorrow.

i only commented on the buying opportunity to add an ugly possibility, not that i believe this is the start of a bearish trend.

the network sector has not recovered to its heights as many of the other sectors have, networking in particular still has not reached it previous high, although naz, nyse, s&p, ... averages have been reaching new highs recently.