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

To: C E D who wrote (42259)	4/5/1998 6:41:00 PM
From: Narotham Reddy	Respond to of 61433

Good News .. You Decide Good News...You Decide [From Yahoo Chat Board, April 5] Forgot to mention this little tidbit earlier, and, truthfully, was hesitant to put it up. Reason: I don't like hearing or reading rumors, so I really feel a bit two faced participating in one...if you want to call this a rumor. In any event, got a call yesterday from a very trusted friend, who in turn has a very good friend who is a NYC broker with one of the large houses. I think it's Merrill, but never having met this lady (the broker), but knowing of her only thru my friend, I'm really not sure. Regardless, she works for a big house in NYC. She called my friend Friday, and told him to go long and hard on ASND. She cited favorable earnings, and apparently some other fundamental news, but also said there were bigger things happening. She wouldn't (couldn't?) get specific, but assured him this is a stock he absolutely has to be in. My friend mentioned that I had already turned him on to the company, and he already had a small position. She persuaded him to hold his long position, and buy more if he could afford to. Since he trades on line (and she knows this), no commissions involved... just one friend giving advice to another. He has passed on a few of her pieces of advice in the past,and she has consistently been right on. Her last hot call was Lucent, back in the fall of last year, which he mentioned to me, and I passed on. Regardless, she does have a track record, and this was her advice....buy it, or hold it if you have it. Again, no logical basis for this "news". Just wanted to share it with my friends on this thread. Rest assured, though, if she is right, I will listen to all future "tips"...at least to a limited extent, as befitting my conservative nature. Take it all with a grain of salt, but....who knows, could be some big things brewing. Luck and Success to all, Frankie