Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 220.42

+4.9%

Dec 12 9:30 AM EST

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To: Chi-X who wrote (12108)	9/12/1997 6:31:00 PM
From: Peter Yang	of 61433

If all the analyst who have downgraded ASND since Wed got their information from the Conference, what caused the fake rally on Tuesday after the meeting at 2:10 pm? Why some analysts (investors) attended the meeting felt relief after that and said it's time to rise again? Or is it possible that ASND guided those analysts to lower the estimates after the meeting? Otherwise, why all the analysts piled on ASND at the same time? Or the latter downgrades are just "me-too" kind of passive reaction to ASND's price movement.

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