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

To: gbh who wrote (50513)	7/28/1998 4:27:00 PM
From: gerard mangiardi	Respond to of 61433

I had a big position, at least for me in CA about a year ago. Sold almost all in Feb to buy GNT now CNC. Still have a little left in my son's account. At these levels I'm thinking seriously of buying more but think I'll do OSI and CD instead. Been long ASND since the fall and expect to hold till at least OCt.

To: gbh who wrote (50513)	7/28/1998 4:29:00 PM
From: Mighty Mizzou	Respond to of 61433

Kudos djane and Gary! Looks like we all put our money where our mouth is. Dont know about you guys but I feel good. Obviously the market didnt like the prospect of a 79 year old former PM being put in charge of turning around the 2nd largest economy in the world in the midst of it's 2nd worst recession. The Japanese brag about their educational system but this might be one of the world's biggest blunders of all time. Looks like Monica is going to be pasted all over the tube for the next 100 years. The market always loves a US President under fire. Rough seas ahead but just remember it's always darkest before the dawn! Good goin'! Pete :o)

To: gbh who wrote (50513)	7/28/1998 5:02:00 PM
From: Darren	Read Replies (2) \| Respond to of 61433

So I guess you will soon be 100% cash. Might not be a bad idea. I remember your call from months ago about "the big one" coming in October. I guess Barton Biggs has joined the Darren school of thought. Mixed emotions. I'm hoping there is some run left, but I think it's time to lock in what is there and move over to the short term. I have never had much luck with the 2nd half market, which is why I typically stay out of it. This time, I'm trying to walk the line between patience and mania... I certainly want to be more cash than I am now. I don't know how you could be 0% cash in this chop. That would eat at my stomach... ASND returned OK in later trading, INTC on the other hand didn't fare so well. Would have liked to see a close above the open. Already worried about tomorrow, but 10ma is up, 50ma is up and trend is up, so I could be worrying about nothing... re: Barton Biggs. More likely to rely on someone like Jerry Favors...and the Darren School of Thought is an oxymoron.