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Technology Stocks : Ascend Communications (ASND)
ASND 212.33+1.1%Nov 28 9:30 AM EST

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To: John Meares who wrote (59968)2/17/1999 9:09:00 AM
From: BMcV   of 61433
 
CNBC just said LU split 2:1 -- ASND bid strengthening from 72 1/4 to 72 3/4 in minutes, but may not help today. Why doesn't the market differentiate between DELL and "technology"? The market DELL serves is clearly still very strong; just the competition is catching up to DELL's model and the stock is adjusting its stratospheric valuation to that fact.
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