Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 220.42

+4.9%

Dec 12 9:30 AM EST

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To: KellyW who wrote (12870)	9/15/1997 5:56:00 PM
From: Peter Yang	of 61433

The things happening to ASND now remind me what happened to APM a few months ago. Before the earnings, several analysts downgraded APM and also cut estimates. Whenever APM was ready to go up, new comments or downgrades would come out to knock it down again. One analyst also tried repeatedly to bring up some old news as new news to drive the stock further down. However, APM came out beating the estimates. Then all of them have been quiet for a long time.

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