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Technology Stocks : Ascend Communications (ASND)
ASND 196.81-4.9%Dec 9 3:59 PM EST

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To: H James Morris who wrote (33862)2/7/1998 1:04:00 PM
From: Jurgen  Read Replies (1) of 61433
 
Morning James,

thought the same a few weeks ago,was lucky and made 2 points as i covered to go skiing. I'm glad i did that.
Too much hype with CSCO. Have you seen the report on CNBC yesterday ? They put them in the same league with MSFT and INTC. Trouble is - both have no competition, but CSCO has a lot.
CSCO is a fine company, but overvalued in my opinion. I wouldn't short them before they disappoint. The first time that happens, it may go down 30% or more within a few weeks.
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