Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.01

+1.7%

Nov 26 3:59 PM EST

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To: James A. Venooker who wrote (53110)	8/28/1998 8:45:00 PM
From: Terry Audette	Read Replies (3) of 61433

Jamie, Let me first reiterate that I am long ASND but then I must tell you my fears. Asia is weak, South America and Mexico are weak, Russia seems to be on the verge of becoming a guasi communist state again. ASND and other stocks I own get a substantial part of their revenues from Europe and Asia. This is not an environment condusive to a rising stock market. The markets hate uncertainty and we've got it in spades. I've been investing since 1964 and I have lived through bear markets. They are not good. Also very troubling are the grain markets, the implications here are not good. Having said all that I must add that between 7400 and 7700 I will buy.

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