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Technology Stocks : Ascend Communications (ASND)
ASND 209.15-1.5%Nov 20 3:59 PM EST

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To: Dennis R. Duke who wrote (42506)4/7/1998 11:43:00 AM
From: Joseph Colombo  Read Replies (1) of 61433
 
<<At this moment ASND is performing the worst of the NWX, but not by much. NN and NT are also off by more than 3%. My opinion is that we are in a down market at the beginning of earnings releases, and so far they have not been good. So the market is hitting the riskier earnings players, and with Q3 ASND is still in that arena.>>

Dennis,

I looked at your link to the networkers, and it's all red ink. Just about everything is red ink. This is a market sell off. Healthy but annoying while you are in it.

This always happens in April & October. After the 1Q & 3Q.

The question is to take tech positions and switch to the glamor of the day (Financials). I like the techs. There is a lot of money to be made here in the next couple of years.

Joe
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