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Technology Stocks : Ascend Communications (ASND)
ASND 196.81-4.9%Dec 9 3:59 PM EST
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To: username who wrote (30971)1/19/1998 12:40:00 AM
From: Nazbuster   of 61433
 
Pete, you may be right with this:

I'm lookin' for real real cheap deals. With the market lookin' dicey, I'm thinkin' some of the big dough is playing a conservative game this year

I just received a year-end newsletter from Brandywine Fund which has done very well historically, but dropped from 27% return to 12% for the year just at year end. The report says they still fear some market problems related to Asia and currency markets and they are 67% cash! I'd say that was conservative.

On the other hand, Bob Brinker, who has been pretty much right on target for the last 3-4 years, says to be 100% invested and to hold onto your hat for the next couple of weeks during which he expects an upside rush. He also expects the market to hit new highs in the next couple of months based upon a very strong U.S. economy and the belief the the Asian issues will have a very small effect on it.

So much for industry agreement...
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