Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.33

+1.1%

Nov 28 9:30 AM EST

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To: Teddy who wrote (18869)	10/24/1997 12:05:00 AM
From: norm chin	Read Replies (2) of 61433

Lisay posted: "...PRICE: ASND closed on 22-Oct-1997 at $34.80 per share. VALUE: ASND has a Value of $26.00 per share. Value is the foundation of the VectorVest system. It is a measure of what a stock is currently worth. Value is based upon earnings, earnings ..." What do you hope to accomplish by posting the above? If one experiments with that VectorVest software on a variety of stocks, one can easily conclude that it is one dumb program! We are familiar with the expression "garbage in garbage out" but in the case of the VectorVest program what we get is this: "(a perfectly good stock) + VectorVest --> garbage out"

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