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

To: Ashley Campbell who wrote (44599)	4/16/1998 12:46:00 PM
From: Joseph Colombo	Respond to of 61433

I hate the market in April & October. I don't care if earning are good or bad. I the street hates uncertainty. I always say, I will be in cash in those two months and never do. Joe

To: Ashley Campbell who wrote (44599)	4/16/1998 12:49:00 PM
From: Wayners	Read Replies (2) \| Respond to of 61433

ASND is ready to rock n' roll upward!! Intraday ascending triangle completed after testing intraday support at $40 1/2. Next stop $41 1/2 or if we're lucky $42 1/2. Volume is very, very low as the chart formation wraps up.

To: Ashley Campbell who wrote (44599)	4/16/1998 12:53:00 PM
From: djane	Read Replies (4) \| Respond to of 61433

OT Is anyone else frustrated by watching YHOO, XCIT, LCOS and SEEK shoot up? Yes, I know it's all about making money and nothing else really matters in the market. But, really, with their PEs at 1000-2000, why are we even debating issues such as CSCO's 55PE and ASND's 30PE? For these speculative Internet stocks to take off, won't they need the infrastructure provided by ASND/CSCO/LU? I'm in my mid-30s and feel so ** conservative by not jumping on the "information aggregators" bandwagon. I ordered (and read) the YHOO prospectus a couple years ago and got talked out of it by my techie friends in Silicon Valley. I mean, maybe the problem is that hardware is just too easy to overproduce by all of our talented engineers, the idea of "content" is just too hard to quantify, investors just shy away, it leads to chronic undercapacity and thus the runup in ** search engines? Won't the MSFT Yukon and "Start" page effort blow away YHOO, ECIT, SEEK and LCOS? I am neither long nor short the whole sector. I just don't get it over the long run. djane