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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: john p. carney who wrote (21044)	11/4/1997 3:07:00 PM
From: Bernard Levy	Read Replies (3) \| Respond to of 61433

Hi John: I find it amusing that the management of companies whose stock is rising is uniformly viewed as brilliant, whereas they are considered a bunch of bums when the stock is sinking. When PAIR was down and out last June and July, there were almost daily posts on the PAIR thread calling for Charles Straugh (sp?)'s replacement, mentioning how wooden he was, and incompetent at PR. Now, he is viewed a stellar performer. I don't know much about Mory Ejabat, and he certainly looks inept, but stocks rise and fall for reasons more powerful than the CEO's personality. I find all the current pessimism on this thread extremely bullish.. I have not bought yet into ASND, since I am hoping it will go down some more, but I sense that the bottom is near (low 20s?). Best regards, Bernard Levy