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

To: Mark Duper who wrote (58321)	12/28/1998 4:25:00 PM
From: Bindusagar Reddy	Read Replies (1) \| Respond to of 61433

CBS marketwatch. positive mention by analyst John Murphy for 1999 John Murphy, who specializes in inter-market technical analysis, is worried. He thinks the Santa Claus rally this year is being driven by money managers who've under performed the market and are now window dressing their portfolio. Murphy thinks a lot of money can be made in the markets in 1999, if you pick the right sectors and the right securities. "With the deflationary trends of next year, we think bonds are going to do quite well," says Murphy who cautions investors to stick with Treasuries and stay away from corporates. If you've just got to have some technology, he says go with Ascend Communications (ASND), Compaq Computers (CPQ), Dell Computers (DELL), Micron Technology (MU) or Apple (AAPL).