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Technology Stocks : Ascend Communications (ASND)
ASND 212.55+1.2%Nov 28 12:59 PM EST

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To: sepku who wrote (35005)2/17/1998 9:57:00 AM
From: Dennis R. Duke  Read Replies (1) of 61433
 
As I recall, Style, had said when Merrill Lynch's Joe Bellace recommends ASND its time to leave. Well Joe has not recommended ASND, but CNBC was ripping Joe good this morning for his call on TelLabs.

They said Joe upgraded at $58, after downgrading in the low fifies. Something like that. Anyway, they were really making fun of him. Faber jumped in and said the Joe likes to raise in the middle of the day, and "get the extra bang out of the recommendation".

Like Cappuccino, Analyst bashing is the new in thing!!!

Dennis (I am not saying they aren't right!!!)
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