Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 207.04

+0.7%

Dec 8 3:59 PM EST

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To: uu who wrote (23045)	11/13/1997 12:58:00 AM
From: Clare	of 61433

Being in high tech today is like being in automobile and oil stocks earlier this century and railroad stocks 100 years ago. 100% high tech is looking towards the companies that will tie the world together in the future. Just like railroads knit together a continent, and cars and oil companies fueled the rise of the suburb. High tech will stitch the entire globe together. The productivity gains will be tremendous. And investing for the future means high tech. Because just as the car supplanted the horse and buggy and looked "high tech" to our ancestors, so are today's high tech companies become the blue chips of the next century. Why invest in sunset industries of the past? High tech, consumer products, medical supplies, and biotech are a better bet than relics of the past. Just my opinion.

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