Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 200.78

-0.7%

1:37 PM EST

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To: The Phoenix who wrote (51655)	8/5/1998 9:23:00 AM
From: Narotham Reddy	of 61433

It's Abby Cohen Vs Ralph Acampora The comment of this influential lady at Goldman Sachs has helped the market many a times previously, while Ralph's predictions remained short lived. They will continue to negate each other regardless. Anyway, as her comments crossed the wire, the Futures zoomed. Narotham Briefing: Goldman Sach's Abbey Joseph-Cohen: according to CNBC, the Goldman Sach's strategist feels that the market is near the bottom of the trading range; does not see any wage inflation and thinks investors should look for companies that have already fully adjusted to the woes in Asia; Ms. Cohen would also be attracted to tech stocks, assuming they have already adjusted to their specific problems; Ms Cohen maintains S&P 500 target of 1250.....

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