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Technology Stocks : Ascend Communications (ASND)
ASND 226.10+1.0%Jan 30 9:30 AM EST

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To: Taby who wrote (9023)8/16/1997 11:19:00 AM
From: polarisnh   of 61433
 
While I will agree with you about many of the stocks that you indicated I strongly disagree that there is limited downside to BAY. This stock has been bid up almost 100% of its low and its earnings haven't yet rebounded to account for its current valuation. This stock has been bid up to reflect the turn around already. I will agree that if BAY would actually product substantial revenues that surprised the street that it will take off, but its current valuation already shows alot of speculation! As for DEC, I strongly disagree with you on that one!

IMHO

Steve
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