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

To: hitesh puri who wrote (50632)	7/29/1998 3:47:00 PM
From: djane	Read Replies (3) \| Respond to of 61433

Hitesh, I don't believe that conspiracy stuff at all. I think Cramer and Sector foresaw that ASND investors would be nervous after a 100+% rise since 1/1/98, the market needed to correct, and there was a 1.5 month gap before momentum investors would jump back into ASND in mid-9/98 for the late 9/98 LU buyout speculation and mid-10/98 strong earnings report. It was a good trading play. If you noticed, Kevin Petrie (who covers the networkers) contributed to the story by the TSC options guy.