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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Glenn D. Rudolph who wrote (18903)10/23/1997 11:14:00 PM
From: Ron Dior  Respond to of 61433
 
Here is a qoute from NBR on HK's affect on our mkt...! This could turn into a good thing for us!

FREEMAN: We broke it out into 30 different types of economies, back to 1976, and this really looks like the 5th best of those 30 types of economies when it comes to stock performance over the next 12 months.
We see 24 percent average returns in the next 12 months after this type environment, which would take us to about the 8800 level by May, at this point.

KANGAS: Well, you're certainly not being shaken out of this market by some problems in the Pacific Rim, by the sound of it.

FREEMAN: No. We think capital should come this way.

Ron Dior