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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Eric who wrote (12433)	2/13/1998 4:57:00 AM
From: Zoltan!	Respond to of 77400

>> (I think I know where Ascend will be in a couple of years!) Given the rate at which Cisco is taking their business, do you think it will take that long? M. Stanley's Canelo Likes Intel, Other Tech Stks NEW YORK (Dow Jones)--Technology stocks will again be key investments in 1998, according to Peter Canelo, a U.S. investment strategist at Morgan Stanley Dean Witter. Intel Corp. (INTC), Cisco Systems Inc. (CSCO), Compaq Computer Corp. (CPQ) and Sun Microsystems Inc. (SUNW) are some of the technology stocks he said he likes. interactive2.wsj.com

To: Eric who wrote (12433)	2/13/1998 11:37:00 AM
From: sepku	Respond to of 77400

>>>It's ok, we still have a year left.<<< Eric, ASND is looking so good again that I'm confident it should be back to 50 by Q3. The quality, quantity, and size of contracts won over the past few months are already closing in on Q1's consensus expectations, so I have no doubt the positive momentum will continue to push the stock higher based on fundamentals. 24.5 to only 50, is just over a 100% return. Do you really expect CSCO to return more than half of that, even with a good year? My point is that ASND was trampled underfoot and (obviously) oversold beyond belief, to as low as 22. Anyone with an eye on this sector should have recognized the investment opportunity and staked a position. As for "where ASND will be in a couple years"...I seriously doubt it will remain independent that long, if even through 1998. Did you catch that recent article in Forbes on ASND? CEO Ejabat was asked how he would react to any offers that were made to aquire ASND. He was quoted: "If the price was right, I would not react negatively." That says it all. Style Pts.