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


To: uu who wrote (23045)11/12/1997 8:26:00 PM
From: Chris Anderson  Respond to of 61433
 
Addi: I'm with you, diversification is good, but it is too hard to really follow too many sectors. I am also all tech, it is hard to be informed even following just one sector! We are still in the process of building a world wide technological infrastructure that should last for many years. Some blips to be sure along the way. :-))
Good luck, ..... Chris



To: uu who wrote (23045)11/13/1997 12:58:00 AM
From: Clare  Respond to of 61433
 
Being in high tech today is like being in automobile and oil
stocks earlier this century and railroad stocks 100 years ago.
100% high tech is looking towards the companies that will
tie the world together in the future. Just like railroads
knit together a continent, and cars and oil companies fueled
the rise of the suburb. High tech will stitch the entire globe
together. The productivity gains will be tremendous. And
investing for the future means high tech. Because just as
the car supplanted the horse and buggy and looked "high tech"
to our ancestors, so are today's high tech companies become
the blue chips of the next century. Why invest in sunset
industries of the past? High tech, consumer products,
medical supplies, and biotech are a better bet than relics
of the past. Just my opinion.



To: uu who wrote (23045)11/13/1997 1:11:00 AM
From: lizardK  Respond to of 61433
 
Addi,
I couldn't agree with you more! I follow the same porfolio
weightings as you (stock is 100% high-tech) because I believe
that this is "THE DRIVER" into the future. Emphasizing the
leading companies in this sector will truly be a win-win situation
down the road. Near term dives and dips can be gut-wrenching but
you learn to live with it... ALL THE BEST!!!