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Technology Stocks : Ascend Communications (ASND)
ASND 220.42+4.9%Dec 12 9:30 AM EST

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To: sepku who wrote (34458)2/12/1998 12:13:00 AM
From: john dodson  Read Replies (1) of 61433
 
Style,

I agree Cramer is a (rather likeable) wacko. However, when you think about it, he was actually not that far off with his ASND analysis. Back when ASND was below $30 and dropping, he was pretty bearish on it. That was when all the earnings uncertainty, ASIAN uncertainty, and so on existed. It was even before "the post" (Gary Korn's conference summary that single handedly turned around the tone of ASND's future from hopeful to confident on this thread).

Cramer avoided the big drop (and 10 point jump). However, if ASND does as well as we're all hoping, he doesn't look that bad for paying a $10 penalty for all the upside we got coming.

Just my thoughts,

John Dodson
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