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Technology Stocks : Ascend Communications (ASND)

ASND 212.29

-2.2%

Nov 19 3:59 PM EST

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To: Knighty Tin who wrote (48651)	6/14/1998 12:30:00 PM
From: George Coyne	Read Replies (1) of 61433

<< Back in the good old days, before fund performance measurement firms, fund managers were hired to make a lot of money. If they did, they got paid a lot. If they didn't, they got fired. Now they are paid to be caretakers for a "style" that will be out of sync at least half the time. Total nonsense. >> Mike, I agree! Last year, One of my fund manager's excuses for worse than DOW performance was that his investment style was "out of favor"! Unbelievable! G. W.

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