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Technology Stocks : Ascend Communications (ASND)
ASND 204.21-2.3%10:34 AM EST

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To: uu who wrote (21301)11/5/1997 6:37:00 PM
From: sepku  Read Replies (2) of 61433
 
Addi, you are paranoid! The entire analyst community is not out to get you, me, or the girl nextdoor. Sure, some may be crooks, but what profession doesn't have any? Analysts cannot make chronically bad calls (opposite their intentions) or they would be unemployed. The problem is that analysts try to forecast the future through educated guesses, just like you and I. I mostly ignore them because I'm capable of my own analysis...unless they offer a report on how they came to their conclusions -- which is why I prefer the opinions of my fellow investors, who usually explain their viewpoints. If you really believe what you say, you should have known to get out of the stock when all the analysts were upgrading in the high-40s and 50s. So, relax!

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