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Technology Stocks : Ascend Communications (ASND)
ASND 217.50+1.1%3:59 PM EST
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To: Carl R. who wrote (10712)9/6/1997 7:12:00 PM
From: Glenn D. Rudolph   of 61433
 
Thus Furman which increased its estimates (and just upgraded to buy) is still low to middle, and Raymond James was at the high-middle and moved to the low end. Carl, It seems that ASND is becoming very difficult for the analysts to make projections. The margin of error is huge. I believe this accounts for the market's recent poor treatment of ASND. The market does not like uncertainty. Glenn
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