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Technology Stocks : Ascend Communications (ASND)
ASND 213.36-3.3%3:59 PM EST

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To: John Meares who wrote (56646)11/1/1998 9:38:00 AM
From: Glenn D. Rudolph   of 61433
 

Just a wondering type question about stocks recommendations -how do these guys arrive
at their recommendations? From strong buy, passing accumulate and buy to hold is pretty
strong -why? Earnings? Ego of their influence/power? What makes ASND a string buy
yesterday and a hold today? Do the fundamentals change over night?


John,

You are asking me to explain the sell side analysts. Sorry, cannot do. I do not have a clue. My only reason for following their changes is that it often affects the price of the stock.

Glenn
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