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

To: sepku who wrote (34212)	2/10/1998 2:10:00 PM
From: Doug Skrypek	Respond to of 61433

And 10000 by 2000 ?

To: sepku who wrote (34212)	2/10/1998 2:34:00 PM
From: John Solder	Read Replies (1) \| Respond to of 61433

An economy doesn't have to keep growing to be healthy just as the market doesn't have to continually go up.

To: sepku who wrote (34212)	2/10/1998 2:43:00 PM
From: Greg h2o	Read Replies (1) \| Respond to of 61433

RE: <The market doesn't seem to be getting "irrationally exuberant" at all, in my opinion.> The DOW trading at 21 times earnings, with such stocks as KO leading the way with a pe of 40 doesn't sound irrational to you? Sure, there are pockets of value, but ask the people who were buying KO in 1972 if they'd buy it now? It took them about 13 years to recoup there money from the declines over the following 2 years. I know, everything's different this time.... regards, greg