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: Narotham Reddy who wrote (12234)	9/13/1997 10:20:00 AM
From: Panita	of 61433

To all.... Since Chi-X likes to hype a lot. I like to respond to his post on analysts down grades. By copying from AOL this post: Subject: Re: ASND list of Downgrades this Week Date: 13 Sep 1997 10:10:45 EDT From: C1428 Message-id: Chicchix...your post is INCORRECT....you listed a total of 10 Downgrades. This is not true, for the week there was only (1) Downgrade for ASND, and that was Salomon Bros. Rating went from a Buy to a Hold on 9/11/97. There have been a number of analysts that reportedly Revised EPS Numbers and they were revisions downward for the most part...all over the board...from .02 - .08 downward quarter estimates, etc...But all except Salomon maintained their current Ratings on the stock of ASND, at least for now. One last point, for any one interested, as of 9/8/97 FIRST CALL Recommendation rated the stock a 1.8... In the future lets try to be as accurate as possible when posting information...AN ANALYST DOWNGRADE IS NOT THE SAME AS A EPS REVISION...same is true when it is an upgrade of earnings revision...by the way which there was one listed for the previous week on First Call... -end of copied message- Remember take in all the info provided in post carefuly with a grain of salt. HAPPY INVESTING

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