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Technology Stocks : Ascend Communications (ASND)
ASND 200.49-0.9%10:20 AM EST

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To: Williams who wrote (40410)3/20/1998 6:52:00 PM
From: Joseph Colombo   of 61433
 
<<The DOW keeps shooting up and the NASDAQ is flat, to down.>>

Williams,

The market is very different than years back. Money doesn't leave the market, it just shifts around. The DOW goes up, and the NASDAQ goes down or sideways.

I think this is very healthy. Maybe this is the way the markets are going to take a breather. One at a time.

Every 10 to 15 years we will probably have what would be called major corrections, but this type of market (bull) may be the norm for the future.

Just my opinion.

Joe
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