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

To: sea_biscuit who wrote (23348)	11/13/1997 7:30:00 PM
From: Patrick Thompson	Respond to of 61433

Interesting article about a real bear market. At least KO, DIS and MCD do not quite have those high multiples today (yet), but the point is made.

To: sea_biscuit who wrote (23348)	11/13/1997 7:33:00 PM
From: The BayWatcher	Read Replies (1) \| Respond to of 61433

Dipy, thanks for your thoughtful history lesson and inspiring quote. Feel free to spam the Informix and Oxford Health Plan threads with your good humor and cheer. If ASND were not the powerhouse that it is, I would probably be concerned. But, knowing this is no SHVA or FORE or IFMXE, ASND will make you wish you had listened to many of us. As you say, those who ignore the history of failing to buy top quality tech stocks when they hiccup for a quarter or two (e.g. INTC, DELL, ALTR) and miss out on 200-300% gains are sure to repeat it (ASND).