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

To: Jan Crawley who wrote (45068)	4/21/1998 9:49:00 PM
From: gbh	Respond to of 61433

You guys are ruining my day!! Don't fret, tomorrow is a new day. And I'm much happier with my ASND gains lately than my KTEL daytrade (minutetrade???). At some point, I felt I had to get my feet wet on an internet stock, having until yesterday, not participated at all in this feeding frenzy. And for someone who has been "on the internet" since before there was a Netscape browser (remember Mosaic), this is quite irritating. This creates a nice cushion on which to hopefully build, although I must admit I hate how these companies have totally thrown FA out the window in terms of evaluation. The smart play IMO is to short most of these companies, but right now, I just don't see an end to the frenzy. These companies will lead any downward correction, but until interest rates rise, or inflation shows up, DOW 10000 is MUCH more likely before any correction.