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Technology Stocks : Ascend Communications (ASND)
ASND 212.33+1.1%Nov 28 9:30 AM EST

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To: thebeach who wrote (41342)3/27/1998 4:19:00 PM
From: RobZ  Read Replies (1) of 61433
 
Another day, another +1 3/8

The networkers (LU and ASND in particular) are an exciting place to be. The semiconductor capital equipment stocks (KLAC, AMAT, etc.) seem relatively flat for now (thanks to ASIA and a ream of earnings warnings and downgrades in that group) and within spitting distance of their 52-week lows. I bet a lot of $ is rotating out of there in our direction.

What a difference a week makes. $5 a share in the equity side of our accounts is a nice way to begin the weekend.

Bullish on ASND and LU, but not complacent.

Hope next week is more of the same for all. ;-)

Cheers,

RobZ
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