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Technology Stocks : Ascend Communications (ASND)
ASND 209.43-0.2%Dec 23 3:59 PM EST

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To: Jeff Jordan who wrote (39193)3/14/1998 7:02:00 PM
From: RobZ  Read Replies (3) of 61433
 
Jeff,

About Meryll Lynch raising LU to "buy" on Friday,

Where was Kurlak and his gang back in mid Jan. when Lucent was trading for $78 a share? Fortunately, I bought Lucent shares on that day. I am however, ultra suspicious of a firm that misses 40 points on a security over an eight-week period then comes out with a buy rating. Are they long Lucent and only now want to engineer/manipulate more price appreciation? What fundamentals were missing 8 weeks ago that they were not aware of? This seems preposterous.

RobZ
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