Ascend Communications (ASND) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ascend Communications (ASND)

ASND 200.28

-1.0%

Dec 3 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: gbh who wrote (47649)	5/28/1998 9:45:00 AM
From: tepli	Read Replies (1) of 61433

You're right Gary, impatient money is flowing in. Although I'm waiting for a correction (~10%), I bought INTC yesterday @ 73«. Those big cap companies earn a lot of their $$$ overseas. If Asia slows down and dollar stays strong it would be difficult for them to grow. E.g. HSBC Securities forecasts that the SP 500 EPS grows only by 1.7 % YoY on Q4/98 and total 1999 EPS growth is forecasted to be 2 pct. Well, they've been wrong before and I've been wrong before but this smells a bit risky now. Regards tepli

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next