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


To: Gary Korn who wrote (32156)1/26/1998 11:09:00 PM
From: blankmind  Read Replies (2) | Respond to of 61433
 
The question is whether the "correction" ends at 30%. - Gary Korn

interesting question, i would expect technology stocks to begin to rebound soon because one of the fears which helped to drive them down, the asia market is rebounding. earnings have been a mixed bag, but with the current revised earnings lower and we discover networking and the internet is growing globally, a rebound will hopefully materialize soon. i believe if asia continues to hold, we will see the rebound begin in the next week, we have to expect some lag time. then earnings can follow with continued growth, to fuel the rebound.