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

To: Glenn D. Rudolph who wrote (30954)	1/18/1998 3:13:00 PM
From: uu	Read Replies (1) \| Respond to of 61433

Glenn: > I agree with you about the rally. I do believe South Korea needed > to learn and I wish the IMF would stay out of it. I agree 100%. However knowing the Korean culture a little bit, I think if IMF had not intervened to push them to take some economic tough measures, they would have continued going on ignoring the facts of their miserable economic situation. Just look at Japan! After years of being a bunch of complete ignorant jack-asses (mainly due to their so called proud background, and following an isolated economic concept), they continue to ignore the horrible economic situation they are in and avoid taking the neccessary steps to lay out the foundations for the improvement of their economy. Otherwise it will continue to be a slow deadful torture for them and let me go on the record as saying that if they do not take any real economic measures (like Koreans are taking) you will see the Nikkei average to the 7000-8000 level (or about 40%-50% lower than its current valuations) by Q1 of 1999. Regards, Addi Jamshidi