Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

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To: Greg Jung who wrote (11589)	9/11/1997 11:02:00 AM
From: Finder	of 61433

Evern securities has now downgraded from near term outperform to near term market perform. Keeps long term at outperform. Now I think that all of the downgrades are in. I wonder what happened two days ago to drive stock higher that was then reversed on a dime. Yesterday Solomon said reaction to Morgan Stanley earnings cut was overrection, then dpwngraded the stock themselves this AM. I would be curious to know if company his given guidance to analysts on the side to precipitate the downgrade in mass. From our point of view I guess I am gl;ad to get all the bad news out at once.

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