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


To: Tim Luke who wrote (53313)8/31/1998 2:53:00 PM
From: hitesh puri  Read Replies (3) | Respond to of 61433
 
We havent seen the margin calls being hit as yet. That will make a lot of people throw in the towel. This whole week will be nasty and could give me a great opportunity to get out of some dogs like COMS and into some Cats.
Love to see the darling CSCO getting a major haircut today. Its still tremendously overvalued given the fact that his Gorilla days are numbered since the forest is getting smaller and other chimps are growing.
All the major hits with large volume are the fund favourites, can I say the likes of Jim Cramer, since he said in his chat sessions that he was long INTC, AOL, CSCO and DELL. Those are mainly the ones getting smashed at high volume.

-hitesh