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Technology Stocks : Ascend Communications (ASND)
ASND 214.77+2.3%10:26 AM EST
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To: Jan Crawley who wrote (59846)2/9/1999 7:04:00 PM
From: masoud manoo  Read Replies (1) of 61433
 
As a long time lurker on this group I find these discussions helpful
for my next entry point into the ASND. Currently the NASD is off by 8%
LU off by 20% CSCO by 18% and ASND 24% from their recent highs. Which of the following reasons (if any) do you believe is causing the current correction is ASND price.
1 - LU is overpriced stock.
1 - The whole tech. sector is overvalued.
2 - The communciation sector has a high PE.
3 - There is too much uncertainty concerning the merger of LU and ASND.

Thanks
Masoud
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