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


To: garrick le who wrote (52553)8/21/1998 7:05:00 PM
From: Sanzen  Read Replies (1) | Respond to of 61433
 

Today IMHO marks a strong reversal of the down trend we have been
seeing since last month.
Unless Russia becomes an anarchy,the market should have seen its
bottom.
Of course perenial bears have a different view.


The other day I heard on the radio saying that the entire Russia
stock market is only 1/10 of Microsoft market capitalization,
which equates to 27 billion dollars. It's hard to imagine this.
Perhaps only a small percentage of Russia enterprises are on
the market.

I bring this up as something to muse about, not to argue about
or contradict with your point of views.