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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%Dec 5 9:30 AM EST

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To: sea_biscuit who wrote (21318)11/5/1997 7:54:00 PM
From: Skeeter Bug   of 61433
 
>>The best course is to have one's own valuation parameters and follow them strictly,
and simply disregard whatever the analysts say. Give their statements and
pronouncements zero importance! Period.<<

agreed, with on caveat. tom hurlcrap, mutha merril's lead tech analist, is clearly in the buy low phase of his "game" on mu. mu is waaaaay overvalued based on my analysis and dram prices falling 20%+ per q. knowing that hurlcrap is bearish and will downgrade mu in a heartbeat gives me more confidence to up my put positions and make some more dough.

they aren't totally worthless. but, they are totally sleazy, imho.

just learn the game and use them to your advantage :-)
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