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Technology Stocks : Ascend Communications (ASND)
ASND 213.290.0%Jan 2 9:30 AM EST

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To: Duke who wrote (11964)9/12/1997 1:26:00 PM
From: Meghan Richards   of 61433
 
There seems to be a lot of skeptics on this board.

Multiple analyists have recently downgraded this stock.
But some folks would rather believe that the analysts
are out to get them.

You are responsible for your investment decisions.
If you have a better handle on the companies future than
the analysts do, then disregard their comments. But keep
in mind that these analysts don't work out of a vacuum ...
they are in contact with company officials and have a
reasonable pulse on what's happening.

Given the recent market action, investors with big money
are heeding the analysts warnings. You should make your
decisions based on what you feel is correct. After all,
it's your money.

There is a common tendancy for small investors to have
the need to break even. There are several investors
that would experience a loss if they sold after an
analysts downgrade ... and as a result they would like
to believe that it did not happen. Unfortunately it did
happen. Now you need to do your own research and decide
if the analysts are correct.
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