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

To: fedhead who wrote (55362)	10/6/1998 6:12:00 PM
From: Diamond Jim	Read Replies (1) \| Respond to of 61433

Well, INTC says revenues are up 8 to 20% over last qtr, ASND, MSFT, slam dunks. CSCO will make it, have to fuel that ego. Be happy MOT & AMD made good on their numbers, bell weathers or not. jim

To: fedhead who wrote (55362)	10/6/1998 6:15:00 PM
From: garrick le	Respond to of 61433

SInce when you are a bull anyway. That said,your points are valid. However,the market is way oversold and due for a bounce soon.AMD 's earning and YHOO 's expected rosy number should lift the market short term. In intermediate term ,the market may test 7400 again in 2 weeks. ASND is undervalued here and the company should continue its growth albeit slightly lower than originally forecasted. In 1 year,ASND will return 50 % or more,IMHO. I currently have no position but will reenter once ASND reaches 32.5 support level,maybe sooner. GL