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

To: Narotham Reddy who wrote (885)	1/10/1998 9:36:00 AM
From: Jim Lou	Respond to of 1629

After I reported a TA analyst showing strong bullishness on Tech stocks in CNBC here on this thread, the immediate response was that one should wrap up and run, cuz that bullishness was contrarian. Well, I happened to watch WS-Week last night, boy, ever seen a school of bulls? They see the market as a buying opportunity. The Dow figures projected by the panalists were were from 8700 to 9500. Except a bond specialist's figure which was below 8000, she suggested that people should buy bonds.