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Technology Stocks : Ascend Communications (ASND)
ASND 204.13-0.7%11:49 AM EST

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To: margin_man who wrote (15091)9/29/1997 9:38:00 PM
From: Chi-X   of 61433
 
Analyst downgrades to come. The middle to lower 20's is a very real possibility. This is not the last bad news before earnings are released. Now we gotta wait for the analyst downgrades and downward revisions to reflect ASND hitting between $0.18 to $0.20 at earnings. Current estimates are at an average of $0.31.


Cheers,
Chi-X hath Spoken!


CEO
Chi International
members.aol.com
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