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


To: Jeff Jordan who wrote (39193)3/14/1998 7:02:00 PM
From: RobZ  Read Replies (3) | Respond to of 61433
 
Jeff,

About Meryll Lynch raising LU to "buy" on Friday,

Where was Kurlak and his gang back in mid Jan. when Lucent was trading for $78 a share? Fortunately, I bought Lucent shares on that day. I am however, ultra suspicious of a firm that misses 40 points on a security over an eight-week period then comes out with a buy rating. Are they long Lucent and only now want to engineer/manipulate more price appreciation? What fundamentals were missing 8 weeks ago that they were not aware of? This seems preposterous.

RobZ