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


To: James A. Venooker who wrote (55494)10/8/1998 11:46:00 AM
From: The Phoenix  Read Replies (2) | Respond to of 61433
 
Maybe 50% is unrealistic but given macro factors there's no way we get back 300 points in a few days. This market is VERY weak right now and there will be very little merger activity until it settles and starts it's way back. The recovery however must be fundamentally based and given worldwide economic conditions I must say I'm not that optimistic. Long term I'm still very bullish on stocks, this short term crap has me concerned but holding. Looking to accumulate selected stocks once we stabilize.

OG