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

To: gerard mangiardi who wrote (22993)	11/12/1997 5:14:00 PM
From: sea_biscuit	Read Replies (1) \| Respond to of 61433

Heard on CNBC around 4 pm est that the Nikkei futures are down about 800 points i.e. by about 5%. Tomorrow should be a fun day on Wall Street... Dipy.

To: gerard mangiardi who wrote (22993)	11/12/1997 5:22:00 PM
From: uu	Read Replies (2) \| Respond to of 61433

Gerard: You state: > Who says we're not in a bear market. I hope not but it seems > that we may be in the beginning of one. Lets come back to this subject in about 2 months from now - toward the end of December and going into mid January. And then lets see if bears have any place - or face - left in the market after being crushed by the bulls. The bull market has not yet begun! We are just getting ready for the real bull market to kick in. What is going on right now is just a quick sharp profit taking. If, and this is especially if the South East Asia is in big trouble, watch for the explosive growth of the tech stocks that are being crushed today (e.g. SUNW, ASND, COMS, LSI, etc.). The only way for South East Asia to gain economic prosperity is through automation and more productivity. This can only be achived through technology. And guess who will be supplying the technology? US companies whose stocks are being thrown out the door today in the late 1997! Regards, Addi Jamshidi