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Technology Stocks : Ascend Communications (ASND)
ASND 216.57+5.9%3:59 PM EST
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To: Mighty Mizzou who wrote (54821)9/29/1998 6:19:00 PM
From: sbeckbal  Read Replies (1) of 61433
 
I don't know if the firm has much clout, but Gerald Klauer of GERARD KLAUER etc. is a regular on CNBC. Klauer specifically spoke of ASND as a strong buy last year on CNBC when the stock was in the 40s, months before we hit 22, so maybe we should take the downgrade as a *contrary* indicator... At least their call was not quite as embarrassing as the one made by G. van Waggonner (the momentum guy), who was singing ASND's praises when the stock was in the mid 70s, just down from the 80s, a long time ago.
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