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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%3:59 PM EST
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To: Mighty Mizzou who wrote (52478)8/21/1998 12:50:00 PM
From: gbh  Read Replies (1) of 61433
 
MM, certainly a bleak view of things, and maybe not far off target. But if I were a betting man (hey, wait a minute, I am :)), I would not bet on either President resigning, and China will never devalue. Now, Germany will be hit hard, and this terrorism issue will only have short-term market impact (like maybe the day something happens).

But you must remember, what really drives and supports the US market is interest rates and inflation. And these continue to look positive as far as the eye can see. Just MHO.

Gary
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