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

To: jach who wrote (55020)	10/1/1998 10:31:00 PM
From: Tim Luke	Respond to of 61433

very well put and i agree.............

To: jach who wrote (55020)	10/1/1998 10:46:00 PM
From: Pat Hughes	Respond to of 61433

I still don't understand today's plunge. Frankly, I don't care. Each time we have a day like this, it makes more capital available to be put back into the market. I hope there were a lot of Asnd speculators shaken out today. Hang in there longs. This stock is going to fly! Sincerely, "Clubmember" Pat Hughes

To: jach who wrote (55020)	10/2/1998 12:12:00 AM
From: gbh	Respond to of 61433

jach, many feel the market has further steam to blow off. I tend to feel the big banks and brokerages are the key to this mess. These guys have been pummeled beyond recognition. I think a bottom will have been reached on the day when these guys (MER, LEH, TRV, BAC, etc) actually buck the trend and rise when the broader market is down. No one really understands the degree to which these guys are exposed in Asia, and with this hedge fund nightmare. I personally think any rallies to the 8000 range are just selling opportunities. Probably for the next 3-6 months. Preservation of capital is crucial right now. Limit any losses and be nimble. And don't be afraid to take a quick profit, if you can get one. :) Gary