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Technology Stocks : Ascend Communications (ASND)

ASND 210.09

-1.5%

2:26 PM EST

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To: sepku who wrote (34241)	2/10/1998 3:58:00 PM
From: Greg h2o	Read Replies (2) of 61433

RE:<In time, all things change...the Renaissance, Industrial Revolution, and so on. What will this era be termed? The Age of the Internet? Technology? I wonder what was considered "overvalued" back then...> TULIP BULBS...remember? "I never said anything about KO -- all I deal with are tech stocks, so I have no idea what the correct valuation for a soda-pop company is.> You were referring to there being no irrational exuberance in the MARKET...you didn't say in technology stocks. I was referring to those stocks that were leading the MARKET to new highs, and higher valuations in recent years. Wouldn't KO qualify? Oh, and if our economy is THAT perfect, Asia wouldn't have a "mosquito on an elephant's ass" affect on our markets. The market is still looking for as many excuses to go down as to go up. But, as long as investors are willing to "throw" their money into the Vanguard S&P 500 Index fund, we'll go up. It's that simple. I just wonder how those people would react if they actually knew about fundamental investing? regards, greg

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