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


To: The Phoenix who wrote (57075)11/12/1998 12:12:00 PM
From: KM  Read Replies (1) | Respond to of 61433
 
We're really cranking here folks. 52 9/16



To: The Phoenix who wrote (57075)11/13/1998 1:58:00 AM
From: James A. Venooker  Read Replies (1) | Respond to of 61433
 
Gary,

On the contrary, War has always seems to have a knack for stimulating the economy. Look at what the market did during the Gulf War, and look what it did after the Gulf War was over.

Sadam always plays his strongest cards at the SAME EXACT MOMENTS. Look back in his history and you will see, everytime Clinton plans a trip to Japan, he starts throwing his gut around. Ultimately, who pays? Civilians, chemical war victims, etc.., not Sadam. Sadam knows that if any strategic bombings are going to take place, good ole Bill will have to be in the Wargames Room, not Japan.

Sadam could not have picked a better time, Republicans up in arms (Good-bye Newt), and Democrats even worse (need I even have to mention her name?). This may the worst time in the history of our country as far as public opinion ranks our political leaders.

There is a plus side, we get to move up from here. ASND's strength today was pretty predictable, after breaking the KEY 50 level and holding on it, I think we all pretty much new ASND would start to fly. If things get sticky in the short term (Iraq, Iran, Israel, Brazil, Japan) to throw a "monkey wrench" into the market, in which case we could see a correction. However, I don't think we will see much of ANYTHING until Greenspan makes his move next week. This is what the institutional's are waiting on, no question about it.

I wish I was on the thread today to watch the action, but business calls, Naples, Florida is just beginning our season, and it seems like people are arriving here daily by the boat load!

Good luck,

Jamie

Bet you wish you had some of the Internet lu lu's over the past couple of days. I got lucky with Earthweb, I don't even know there symbol!!

J.