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

To: jach who wrote (29906)	1/10/1998 11:38:00 AM
From: Jeff Jordan	Read Replies (3) \| Respond to of 61433

WHEN CATS DON'T BOUNCE? maybe can call "high-risk cats of the networkers - invest at your own risk." You are correct about risk! Timing is all wrong! You better stick with quality in this market! Forget large percentage gains..... I still like FORE if you want to take a chance.... On my list of puts for Monday: CSCO buying on any rebound... downgraded Cisco SystemsCSCOArgent Securities¯ Sell But, I'm sure I can find better dogs to beat! Very proud of AMZN Quality issues on my long list for '98 QWST QCOM LSI RMBS....and I 'm in SMOD ASND INTC Jeff Is SI slow in responding? or do I need to replace some ram chips?

To: jach who wrote (29906)	1/10/1998 1:11:00 PM
From: Glenn D. Rudolph	Respond to of 61433

Techs crushed as Nasdaq drops 2nd-most points ever Reuters Story - January 09, 1998 17:17 %ELI %US %DPR %BUS %ENT %STX %HOT %.O ADPT INTC ORCL DELL CSCO AMAT V%REUTER P%RTR NEW YORK, Jan 9 (Reuters) - The Nasdaq Composite Index tumbled more than 50 points on Friday in its second-biggest point loss ever on investor fear that worsening Asian economic conditions will damage U.S. companies' profits, traders said. The index closed down 52.35 points -- or 3.37 percent -- at 1503.19 on volume of more than 815 million shares. Decliners led advancers 3,555 to 1,100. "It was just a general meltdown in all the tech stocks," one trader said. "I hope we got it all out today so we can come back and have another look Monday." The drop began with the opening bell following a profit warning by computer-component supplier Adaptec Inc that spooked technology investors. Adaptec, the index's most-active issue, fell more than 40 percent, losing 14-6/16 to 21-9/16. Other losers included bellwethers Intel Corp , which fell 2-7/16 to 71-7/8, and Oracle Corp , which dropped 1-9/16 to 18-3/4. Dell Computer Corp lost 3 to 83-3/16, Microsoft Corp lost 3-1/2 to 127 and Cisco Systems lost 1-7/8 to 54-1/4. Applied Materials fell 1-/5/16 to 28.