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Technology Stocks : Ascend Communications (ASND)
ASND 212.33+1.1%Nov 28 9:30 AM EST
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To: vegetarian who wrote (7903)8/3/1997 1:40:00 AM
From: Stewart M. Swenson   of 61433
 
Regarding analysts. A prime example is when PaineWebber downgraded CSCO from a buy (1) to neutral (3) in late April with the stock at 51. Today CSCO is at 79, and there has been no rating revision from PaineWebber in the interim. Perhaps ASND could also run clear from the 50's and confound the analysts.
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