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

To: Mighty Mizzou who wrote (59687)	2/3/1999 8:17:00 AM
From: Neil H	Respond to of 61433

I have been with ASND for quite a while and profited nicely. I am also expecting this to continue with LU. However, I respect CISCO and am sure both LU and Cisco will do very well over the next few years. As both are valued quite highly it is very likely that both could dip in a correction. Last Oct if I remember correctly the correction was about 30%. Same could happen again. But look how fast they came back, and they will again due to the expansion in this industry. You can profit from both. It need not be a one or the other proposition. I would recommend holding a % cash and when the drop comes buy both. That way you can cheer both and not delude yourself that CISCO is going to go into the tank for good. They will not. I do not own CISCO now because I sold earlier. (way too early) Regards Neil