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

To: username who wrote (33378)	2/4/1998 8:54:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 61433

OT* Glenn; the photo, and a superb one it is: Pete, I love it. Thank you<G> Glenn

To: username who wrote (33378)	2/4/1998 8:56:00 PM
From: Jurgen	Respond to of 61433

(from briefing.com) General Commentary The move to the second and third tier names happening sooner than we expected, as money is flowing into the tech sector at a very rapid pace... Out of the 20 most actively traded stocks Wednesday, 18 were tech firms... High-profile, large cap names were the big winners early and they continue to perform well... Note, Compaq's gain amid extremely heavy volume (44 mln)... But the sharp gains recorded by FORE Systems, Parametric, Vanstar, Micron Electronics, PairGain, Teligent, Veeco Instruments and Asyst Technologies indicate that the tidal wave into techs is now beginning to lift all boats... ... Computer Networking Brief: Cisco (+1 9/16) powered to another record high in response to its solid earnings report... BA Robertson Stephens upped its FY98 and FY99 estimates to $1.73 and $2.13 from $1.68 and $2.01... Adams Harkness also raised its FY98 estimate, bumping CSCO's number to $1.71 from $1.67... Stock poised for test of the low-70s... CSCO's coattails getting a little longer, as evidenced by the strong gains recorded throughout the industry: 3Com (+15/16), FORE Systems (+1 3/16), Bay (+1 1/8) and Cabletron Systems (+1 1/16)... In light of last year's poor performance (Cisco excepted) plenty of room for recovery gains in the weeks and months to come. Computer Software & Services Brief: A relatively quiet session for the group, with the big news being that Bill Gates had a cream pie thrown in his face...