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Technology Stocks : Ascend Communications (ASND)
ASND 204.13-0.7%11:49 AM EST

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To: satish kamat who wrote (26799)12/8/1997 10:14:00 PM
From: craig crawford  Read Replies (1) of 61433
 
<< What is your current call on ASND from short and long term? >>

Not interested with ASND short-term. Long term I'm sure it will do fine. I would much rather buy ASND than COMS or CS.

<< I know you respect JJC >>

Smart. Doesn't pussyfoot around and hedge his bets. Calls 'em as he sees 'em.

<< But remember he does not always call as he sees it. His calls in
companies where he was burnt have been negatives without merits. >>

Not necessarily. Cramer simply thinks that it is not worth messing with them if he can't trade them properly or the companies have burned him. There is nothing wrong with missing out on a move in ASND from 22 to 32 if you were also smart enough to miss out on the painful ride from 35 down to 22. Cramer simply does the smart thing. If a company has problems move on to something else. There are over 10,000 stocks out there to choose from. Cramer doesn't need ASND to make $.
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