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

To: Tim Luke who wrote (39679)	3/18/1998 8:16:00 AM
From: username	Respond to of 61433

TIM ! ! ! ! "...will see 60 this year." Is this the same Tim??? When did you change your target??? Not that I am in disagreement, I just didn't know. Should I bump mine to 65? <g>

To: Tim Luke who wrote (39679)	3/18/1998 11:20:00 AM
From: Nazbuster	Read Replies (2) \| Respond to of 61433

Tim, I'm WAY behind reading the thread... 105 posts back. I'm bullish on the stock too, but I'm getting nervous about the market as a whole. P/E, P/book, P/Sales (for the S&P) are all at record highs. What really worries me is the huge amount of money pouring into the market and the level of enthusiasm. (Smell a top?) Inflation is down, but earnings are now coming in with signs of slowdowns. Tax time is upon us too. (Time to pay for those gains.) I've started going to 40% cash just for insurance and I'm hoping to get out of some of my dogs with the last gasp before a correction. Long term, I'm still bullish on the market.