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Technology Stocks : Ascend Communications (ASND)
ASND 209.15-1.5%3:59 PM EST
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To: Tim Luke who wrote ()9/3/1998 2:02:00 PM
From: Judy  Read Replies (1) of 61433
 
OT

Tim,

I am also considering MER for a long position, but it seems to have a a ways to go before bottom is found. How does one estimate MER's exposure to foreign derivatives from Latin Amercia and Asia, Russia is only the beginning. Furthermore, if Japan is one of MER's prime growth areas there may be some intermediate problems because Japan won't get its economy in order for a long time. Their problem has been in the making for a decade, and it won't be solved this month or next.
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