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Technology Stocks : ASND - longterm investors with short term worries
ASND 201.62-1.0%Oct 31 3:59 PM EST

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To: minhaj hasan who wrote (5)10/28/1997 6:49:00 PM
From: Fred Ayres  Read Replies (1) of 67
 
Asia needs further comment. First the US deficit is the lowest on 20 years. You can not compare US fiscal policy with that in Asia. The US is a sound ship. Asia is not.

Your economic agrument makes some sense, however I disagree with your reasoning. A stock market loss in Asia will not affect ASND sales. Individuals are not buying ASND equipment--corporations and state enterprises are. Their capital expenditures for technology infrastructure will not change. They will increase over time. The declines in Asia are a minor blip in the big picture.

Technology is the future. ASND's markets will increase. ASND is a dynamic company. ASND will meet the challenges it faces.

Fred
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