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


To: mark alan rosenberg who wrote (28103)12/17/1997 12:50:00 PM
From: polarisnh  Respond to of 61433
 
<In regard to Goldman Sachs downgrade: Have they been so great?
GS downgrade means that it should be bought. Cisco after today is
a sell.

The entire sector is dead money for the next 2 Q's, anyway.>

I give Goldman Sachs, Merrill Lynch, and the rest of those clowns two weeks to load up in stock (Companies like Ascend, LSI, and Pairgain) and then come out with a profound statement like: "We feel that the tech selloff due to Southeast Asia was over done and therefore now is the time to purchase these stocks."

I don't think you will see this sector down for 2 Quarters, by the way. There is way too much manipulation out there to keep all of this sector quiet.

Cheers,

Steve