Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 197.59

-0.8%

Nov 7 9:30 AM EST

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To: Jeff Mills who wrote (20882)	11/3/1997 11:29:00 PM
From: hitesh puri	Read Replies (1) of 61433

Hi All, time and again we have seen this particular scenario regarding an analyst issuing a rating on a stock only to see the company announce something that totally makes it look questionable. I for one am always skeptical of these single analyst upgrades/downgrades because their loyalty is not to the general public but rather to their clients and/or the institution he/she represents. Who knows, maybe JP Morgan wanted a lot of buying strength to unload a large position ? Think long-term and prosper. -hitesh

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