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

To: Bill Chen who wrote (39092)3/13/1998 5:08:00 PM
From: Dennis R. Duke  Read Replies (1) | Respond to of 61433
 
Not that I am aware of. But one of our better posters here hates 'em and promised to dump ASND if ML upgraded to "Buy" or "Strong Buy". My retort was don't sell too soon. There maybe be upside after ML upgrades.

The problem in the market today, in my opinion, is this whitehouse nonsense. The press must really need to sell time and papers!

It's Hillary's problem, not my stock portfolio's.

IMHO, Dennis



To: Bill Chen who wrote (39092)3/13/1998 8:12:00 PM
From: Mike McCauley  Respond to of 61433
 
>>Just curious, is there any reason for the jinx effect on the stock that ML upgrades? It sure applied
to LU today. Right after you posted, LU fell rapidly from its all-time high of 119 5/8 to 115 at the
close (-1/4 for the day). Thanks.<<

I have a vague recollection of ML upgrading Ascend when it was around 80.


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