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Technology Stocks : Ascend Communications (ASND)
ASND 209.30-1.8%Jan 6 3:59 PM EST
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To: vinod Khurana who wrote (59789)2/7/1999 8:58:00 AM
From: limtex   of 61433
 
vinod -

Why LU at $85 and ASND only at mid $60's why not LU at $35 and ASND at say $27.50. They've both been there quite recently and there is really not much reason for the NAZ to be much over say 1,000 - 1,200.

In fact the only reason for the NAZ, LU and ASND not to drop like stones is......well all those people who keep buying them because they think they have value.

Seems to have worked over the last 100 years or so and so maybe it'll continue.

Regards,

L
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