Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 216.57

+5.9%

3:59 PM EST

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To: Joe Sabatini who wrote (8207)	8/8/1997 9:28:00 AM
From: WBendus	of 61433

Joe, Relax unless you are in bank stocks. Technology stocks will outperfore the rest of the market on a relative basis for the next many months. Higher rates mean trouble for the interest rate sensitive stocks, and generally technology stocks are not as sensitive. The market as a whole may be in trouble, but if you are in technology you are going to be relatively better off. ASND at 50, buy more, ASND at 48, buy MORE, ASND at 46, buy MORE. ASND and technology stocks are the only deals that are out there. Disk Drives, selective networking stocks, and selective software stocks will do real well. Wayde.

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