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


To: gbh who wrote (49553)7/8/1998 10:12:00 AM
From: TideGlider  Read Replies (1) | Respond to of 61433
 
Maria B. said rotation from internet to traditional tech stocks is under way. She said it started yesterday.

TG



To: gbh who wrote (49553)7/8/1998 10:18:00 AM
From: Darren  Read Replies (2) | Respond to of 61433
 
***** OT *****
Maybe some rotation out of the Internet trash stocks, into the real internet stocks. What do you think?

I think we bought at the right time! Chip stocks are making my week, big time. I think they will be relatively calm until earnings, but there is a lot of down side built into all these stocks (XLNX, ALTR, INTC, AMAT, NVLS, etc) and they are due for a run.

DELL: Never moved down quite like some of the others. CSCO either. Tim sees DELL at 120. I just don't know if it can move that high -- 100 is a split 200. 120 would be 80-240 in one year, a 3 bagger. Seems high in the current climate.

ASND: Can't figure out the current run -- no major news. Maybe earnings are better than expected...50 was huge resistance, that just became support. I still can't buy it though -- too high. But, I won't be shorting...

And what is with AAPL? I don't think they'll be estimates without some creative accounting, but the stock is moving...

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