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Technology Stocks : Ascend Communications (ASND)
ASND 206.59-1.0%2:14 PM EST

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To: Sector Investor who wrote (16170)10/2/1997 9:42:00 PM
From: vegetarian   of 61433
 
>>Only one has access to all of ASND's sales records. Which would you
believe an ANALyst or ASND CEO?<<

If one of them is wrong, I doubt it is because of lack of access to facts, if that were the case then the argument about accessibility to records would hold water.
It would not be too difficult for an analyst of a large corp to find if someone is buying any ASND equipment or not.
The statements are made with the intention of being either promotional or depromotional and the question still remains.
The very fact that Noel had to verify Ejabat's statement does not
show great confidence unless you beleive Noel has a personal vendetta against Ejabat or ASND which is possible but I doubt because he would be rapidly ignored on the street (read-career limiting) and bring bad name to his institution.
On the other hand, other instituional analysts have made negative comments about ASND's management not too long ago on bloomberg, and I don't beleive they are acting in concert against ASND without reason.
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