Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 206.52

-1.2%

3:59 PM EST

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To: sepku who wrote (21309)	11/5/1997 6:54:00 PM
From: sunfish	Read Replies (4) of 61433

Analysts cannot make chronically bad calls (opposite their intentions) or they would be unemployed. Can't agree with this. The reason is that they aren't really paid to make good= accurate calls, at least not make these accurate calls public knowledge. Rather, they are paid to make money for those that employ them, which they often do by misleading "others" usually the public. They certainly tout stocks as their clients sell, and downgrade them as their clients buy. If you haven't noticed this, you need to take another look. I'm not saying every analyst does this on every call, but they do it often.

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