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Technology Stocks : Ascend Communications (ASND)
ASND 200.33-3.2%11:49 AM EST

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To: pat mudge who wrote (37666)3/4/1998 10:15:00 PM
From: Gary Korn  Read Replies (2) of 61433
 
Thinking about tomorrow, do you think the networkers will have to be killed along with the chip guys?

I don't think "killed," though they will hurt. Remember all the times Hong Konk and Asia went down last Fall, bringing us down with them?

This time, our own market dumped. But Asia is pretty much holding its own so far. HK down 300 (pretty good for that market...remember when it lost over 1,000?) and the Nikkei down only about 155.

So maybe, this time, Asia will stabilize things. Even without Asia, I don't read an INTC shortfall as a comment on the vast demand for bandwidth.

Gary Korn
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