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Technology Stocks : Ascend Communications (ASND)

ASND 208.80

-0.8%

3:59 PM EST

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To: Jack Colton who wrote (47973)	6/3/1998 9:36:00 PM
From: Jack Colton	Read Replies (2) of 61433

OT Are you feeling old? If not, consider this: The people who are starting college this fall across the nation were born in 1980. The Iranian hostage crisis occurred before they were conceived. They have no memory of a time before M-TV. "New Wave" is their PARENTS' musical generation; the Beatles are their GRANDPARENTS'. They have no meaningful recollection of the Reagan era. They were prepubescent when the Persian Gulf War was waged. Black Monday 1987 is as significant to them as the Great Depression. Their world has always included AIDS. Having not endured the Disco Scare, they can romanticize the 1970s. They see "Family Ties" as something middle aged ladies watch. They watched "Star Wars" years ago, when they were kids -- on video. Atari predates them, as do vinyl albums and cassette audiotapes; they may have heard of an 8-track, but probably never actually seen (or heard) one. From their earliest years, a camera was something you used once and threw away. As far as they know, stamps have always cost about 32 cents. The oil crisis is history of which they probably know nothing -- and why anyone WOULDN'T buy a Suburban is beyond them.

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