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

To: Gary Korn who wrote (34074)	2/9/1998 4:24:00 PM
From: Immi	Read Replies (1) \| Respond to of 61433

bloomberg.com

To: Gary Korn who wrote (34074)	2/9/1998 4:38:00 PM
From: H James Morris	Respond to of 61433

Yes, I know this is the Asnd thread, but the action in AOL today must come home to Ye Olde Asnd investors, when their shares were hitting $80, pushed up by the momentum investors, and God!, that was with fundamentals. Much to my regret (I really shouldn't complain), I've never been in a REAL momentum play. You guys want to see one today?? AMERICA ONLINE INC(AOL) Bid: 110 3/16 BidSize: 1 Open: 100 Ask: 110 1/2 AskSize: 5 Close: 98 1/2 Last: 110 High: 112 Div.: 0.00 Change: +11 1/2 Low: 99 9/16 Yield: 0.00 A.High: 101 3/4 P/E: 0.00 Volume: 6914700 A.Low: 33 1/4 EPS: -1.33 This totally personifies, the lack of momentum fundamentals. If Bill Gates didn't have his browser distraction, AOL would be, at best a $40 stock. I guess that's why, I'll never be a momentum investor. Does anyone out there know what it takes to be one???