Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 208.59

+4.1%

Dec 4 3:59 PM EST

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To: HammerHead who wrote (8058)	8/5/1997 9:14:00 PM
From: sepku	of 61433

Re: UBS downgrade I'm not so certain this downgrade will have a significant impact on ASND tomorrow. Rather I expect any downpressure to come directly from disappointment over CSCO's 0.55 not hitting within the anticipated whisper range. Many more institutions are positive ASND as opposed to pessimistic at these levels, and if UBS is guilty of manipulation, then the other players may intervene. Often when a downgrade goes against the grain of a larger more influential institution, that firm will issue their own recommendation -- sometimes contradicting the former in order to neutralize it. I hope we will see this occur this week, perhaps in the guise of optimism following management's new optimism for the next 2 quarters. Style Pts.

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