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Technology Stocks : Ascend Communications (ASND)

ASND 204.11

+1.9%

1:38 PM EST

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To: Sector Investor who wrote (32007)	1/24/1998 9:30:00 AM
From: Gary Korn	of 61433

1/26/98 Computer Reseller News 42 1998 WL 2189629 Computer Reseller News Copyright 1998 CMP Publications Inc. Monday, January 26, 1998 773 CRN Mutual Fund Raging Elk The winner of last year's contest, Raging Elk is employing a similar strategy in 1998. Just like last year, the channel executive is sticking with industry leaders Microsoft Corp. and Intel Corp. as one-year buys. "I felt very comfortable riding the Wintel horse throughout the entire year last year," he said. "So comfortable, that I'm going to ride the Wintel horse again in 1998." Among his six-month picks, Raging Elk believes 3Com Corp. is "significantly undervalued" and said the company is moving beyond the challenges of integrating U.S. Robotics Inc. The channel executive said Apple Computer Inc. "has some great people in place," which will help the stock rebound during the first half of 1998. Regarding MicroAge Inc., the channel executive believes its toward a more company-owned model will pay off, although the stock has been hit hard in the early part of the year. --- $108,192 3-Month Picks: Buy.......:Ascend Communications Buy.......:MicroAge 6-Month Picks: Buy.......:3Com Buy.......:Apple Computer 1-Year Picks: Buy.......:Microsoft Buy.......:Intel ---- INDEX REFERENCES ---- COMPANY (TICKER): MICROSOFT CORP.; Intel Corp. (MSFT INTC) NEWS SUBJECT: World Equity Index (WEI) INDUSTRY: Software; Semiconductors (SOF SEM) Word Count: 161 1/26/98 COMRSNWS 42 END OF DOCUMENT

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