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

To: Johnathan C. Doe who wrote (23067)	11/12/1997 9:52:00 PM
From: uu	Read Replies (3) \| Respond to of 61433

Johnathan: You state: > Ascend at a P/E of 8, that would be something to shoot for. But of course! However ASND at a P/E of 1 would even be better! And how about SUNW at a P/E of 1, and INTC also at a P/E of say 1 or 2, not to mention MSFT at a P/E of 0.5 or 1?! I say they would be great buys, as I am sure you also agree! I also think Empire state building for a total of $100K is also a great buy, and the entire state of California for under $50K is the steal of century! But the fact is what I want is totally different than what the market and reality gives me! Regards, Addi Jamshidi

To: Johnathan C. Doe who wrote (23067)	11/12/1997 9:58:00 PM
From: Jeff Jordan	Read Replies (1) \| Respond to of 61433

Ascend at a P/E of 8, that would be something to shoot for. This is where this person is coming from! Please go away! And come back when Ascends P/E is 8! JJ I'm sorry James J. Cramer....but this guy is worse then you! You have a degree. Tim, Captain X, can you get this guy booted?

To: Johnathan C. Doe who wrote (23067)	11/13/1997 9:32:00 AM
From: PATRICK MCMONIGLE	Respond to of 61433

Enough of what you think of a particular stock give us your version of the future finacal world. Buy low and sell high is nothing new. But it takes courage and i dont think you have any. You sure didnt have it to short something you knew was going to happen. So enlighten me with what you see as a future. Be brave we will all be wating for your reply.

To: Johnathan C. Doe who wrote (23067)	11/14/1997 9:33:00 AM
From: PATRICK MCMONIGLE	Read Replies (1) \| Respond to of 61433

Patrick, for anyone thinking of getting in now, I just tell them, wait a little while longer, then get in. I don't short stocks. I wait for great oversold entry points, I buy low and sell high. That is an odd way of investing, don't you think? Most people are hyped into buying high and selling low when they are negatively hyped. They get scared out. They bought high and so that might be for the best. The stock often goes even lower. Ascend at a P/E of 8, that would be something to shoot for. Never buy on margin either, not wise. Don't need to either. Johnathan Welcome aboard. I see you took the plunge @23 & 15/16's. Am I missing something I didn't see ASND at 8 p/e. What's up? I hope you didn't lose your discipline, for if any of us had any discipline none of us would be gambling. The market is GAMBLING same as Atlantic City or Vegas no different just different rational for knocking down your odds into your favor. I am bullish on the market because money will go where it is treated best and that is the U.S. stock market. As far as ASND, I am a bottom feeder like you. When it bounces back I'll make unemotional decisions. Look at all these so called troubles in the world and where is GOLD. The smart money must not believe they are troubles for gold is trading like SHI_.