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

To: Big Dog who wrote (29133)	1/1/1998 7:35:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 61433

Look, don't get me wrong. I like ASND as a company. But, what's going on in Southeast Asia is scary and can affect our stock market (which is edgy). If AMAT, MU, CPQ, INTC go down hard, I believe all tech stocks will be affected. Let's hope I'm wrong. I hope that I am. Good luck! Darrell, Don't you think that ASND has already fallen?? Glenn

To: Big Dog who wrote (29133)	1/1/1998 8:51:00 PM
From: jach	Read Replies (1) \| Respond to of 61433

<what's going on in Southeast Asia is scary and can affect our stock market (which is edgy). If AMAT, MU, CPQ, INTC go down hard, I believe all tech stocks will be affected.> not all tech stocks were affected by SEA mkt turmoil; almost all the tech stocks that were battered have had some other factors weighing them down and the SEA gives sort of an excuse to sell. Major impact that can happen from SEA is already over. What likely happened was addition of profit-adjust selling as we did have some good appreciation this year (20% for DOW, 21% for nasdaq and 30% for SP500). Adding to this is some portfolio adjustments of MFs; therefore, starting tomorrow, without these other factors ASND, FORE and the battered down tech stocks will very likley zoom upwards quickly.

To: Big Dog who wrote (29133)	1/1/1998 10:51:00 PM
From: Sector Investor	Read Replies (1) \| Respond to of 61433

<<Look, don't get me wrong. I like ASND as a company. But, what's going on in Southeast Asia is scary and can affect our stock market (which is edgy). If AMAT, MU, CPQ, INTC go down hard, I believe all tech stocks will be affected. Let's hope I'm wrong. I hope that I am. >> Yes, but money has to go some place. ASND is one tech where CFO has said they WILL make Q4 and 10% growth (comfort level) in 1998. How many other techs can say that? When ASND comes in on/above target, look for the market to realize that (slowly of course).