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


To: Gil Gilbertson who wrote (24699)11/25/1997 10:48:00 PM
From: Ron Dior  Respond to of 61433
 
ASND will climb soon, slow and steady..Just hang on and enjoy the ride!
The market is and always will climb that wall of fear. It has been and continues to be my opinion that the market will SLOWLY come back and move past the all time highs. All these bears who are preaching gloom and doom for the world economies are unrealistic and out of touch. There will always be similarities between our existing economic situation and ones in the past when the markets have crashed. The flaw in those comparisons, is that no one seems to be taking into consideration that the times we are now living in have drastically changed. We are in a technological age. The world is much smaller than it ever has been. US economy is stronger than ever. More people than ever have access to investing monies into the markets either directly or through mutual funds. The internet has brought information to our fingertips and this is all just the begining. People seem to be assuming that technology has almost reached its peak! ( The furthest thing from the truth!) The truth of the matter is, technology is still in an archaic state. There is so much growth and money to be made that it is pathetic. Everyone wishes that they got in on companies like MSFT or INTC or GE , etc.... I would go out on a limb to say that we have companies of that same potential still in their primal stages, right under our noses. The potential money to be dumped into the market in the future is beyond imagination!
I'm tired of all this bear, trashing and wishy washy attitude! This is just a vicious cycle. As we race twards 9000 DOW, the bears will run for the woods covering their shorts. Then when we stall for a bit and correct for another move, they will all be back, preaching gloom and doom!
I feel another surge coming...Get ready to run bears......!

Ron Dior



To: Gil Gilbertson who wrote (24699)11/26/1997 8:29:00 AM
From: Glenn D. Rudolph  Respond to of 61433
 
Glenn, that was an excellent posting and observation, a piece well done and so true, thank you.....Yankee Gil Gil, Thank you. Let's hope that is what is going on. Glenn