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Technology Stocks : Ascend Communications (ASND)
ASND 196.81-4.9%Dec 9 3:59 PM EST

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To: Chi-X who wrote (12802)9/15/1997 4:09:00 PM
From: uu   of 61433
 
Re: Analysts upgrades/downgrades

Robertson Stephens downgrades ASND at $32 to attractive, while they had it as a Buy at $45-$50!! This is natural and basically translates to:

We have a few hot shot clients who really want to get their hands on the shares at the best possible bargain price!

And when They rated it as a BUY they really meant to say that:

We have a couple of hot shot clients who really want to get out of the stock badly!
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