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

To: Mighty Mizzou who wrote (53628)	9/2/1998 7:28:00 PM
From: garrick le	Read Replies (1) \| Respond to of 61433

Merrill Lynch is definitely a first class institution when it comes to timing the market.They told their clients to shift money from stocks to bond 1 month ago or even sooner. However,they are the one preventing this rally from becoming stronger since they advised clients to hold off buying stocks unlike Prudential,Goldman Sachs,A.G Edwards,etc. Time will tell if Merrill was right ... What if the market rally continues and 7400 was indeed the bottom ? Anyway,kudos to Merrill for calling the top ... 6 weeks ago. BTW,Al Tobin upgraded ASND today ... he was the first to downgrade ASND last year before it nosedived from 50 to 22. This should be a very bullish sign for ASND shareholders,IMHO. GL

To: Mighty Mizzou who wrote (53628)	9/2/1998 7:36:00 PM
From: Tim Luke	Read Replies (1) \| Respond to of 61433

they don't need too, i had a meeting with a friend of mine last week who's been at Merrill since I was a kid (i'm 34) and the numbers that he told me this company does blew my mind. MER is the DELL of the brokerage houses, MER will never have to worry about discount brokers hurting their numbers.