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Technology Stocks : Ascend Communications (ASND)
ASND 219.76+1.5%12:25 PM EST

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To: Jeff Jordan who wrote (53642)9/4/1998 11:31:00 PM
From: James A. Venooker  Read Replies (1) of 61433
 
Dear Jeff,

You were right about the retreat, however, It could have been MUCH WORSE!! My stomach started to turn around 3:30 (down 160), but we got a pretty significant bounce off of the lows and ended up finishing on a very positive note for next week.

I am looking for explosive upside buying on Tuesday, what do you think? I am hopping on the Tim bandwagon and buying MER at record lows, I am also looking closely at Citigroup, the stock is getting such negative attention, MER may be a better choice.

I am holding CPQ until at least 34. If you average the value of the former Digital Equipment and Compaq together, this stock is selling at a really ridiculous price (considering Dell's price tag).

Good luck,

Jamie
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