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Technology Stocks : Ascend Communications (ASND)
ASND 208.75+4.2%3:12 PM EST

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To: Ashley Campbell who wrote (45289)4/24/1998 4:12:00 PM
From: Ashley Campbell  Read Replies (3) of 61433
 
What Spindoctors! I've been watching
CNBC for the past couple of hours and
have heard them interview at least 3
analysts:

One said: the sky is falling, we're due
for "big" correction...

One said: this is just short term profit
taking, we're still heading up near term

One said: we hit oversold levels this afternoon,
might dip a little more next week, but we'll
hit new highs by mid may.

So, what does CNBC focus on "Stocks down...is
this the beginnig of a major correction..." It really
annoys me when they try to *create* the news.

venting,
-ac
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