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

To: Glenn D. Rudolph who wrote (31555)	1/22/1998 12:11:00 AM
From: Jorj X Mckie	Read Replies (2) \| Respond to of 61433

**OT** Glenn, I am bullish on gold stocks for a couple of reasons: -Extremely oversold condition in the precious metal sector -Sector is very close to reversing up -Reaction to Asian market conditions -Very little downside due to fixed cost for gold processing at about $250/oz (if it gets close to that the supply will dry up, which will cause the price to go back up again). -Good buy in for mid to long term investment. I am not looking for movement tomorrow necessarily, but the conditions seem to be moving favorably toward higher prices. Tom