Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.50

+0.5%

Nov 21 9:30 AM EST

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To: Glenn D. Rudolph who wrote (23608)	11/15/1997 9:28:00 PM
From: Harry Ehrlich	Read Replies (1) of 61433

Good article; in line with the current Yield Curve. The bond spread is narrow. Defensive stocks are doing well right now. A comparison of the defensive index chart to other indexes in the Investors Business Daily shows that to be a no-brainer. Bears tend to get beat up on this thread. I'm not a bear; but I'm not blind either. Right now I'm off margin and 50 % cash. I'm considering getting a lot more defensive than that in the near future. I don't buy everything in that article word for word, but it does point out which way the wind seems to be blowing right now. Harry

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