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Technology Stocks : Ascend Communications (ASND)
ASND 210.08+0.5%12:37 PM EST
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To: Peter Yang who wrote (11195)9/10/1997 10:30:00 AM
From: vegetarian   of 61433
 
With the information that has been available lately, I think ML's
Bellace evaluation was OK and I don't know how I would act differently given that information (because my assessment of the stock
has been in line). I think furman Selz's upograde was more out of line than others but he was cheered on because it suited most people's objective at the point.
Another thing we need to understand about the analyst's assessment is who their clients are and what their investment time horizons are and
the evaluations could start to make sense.
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