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Technology Stocks : Ascend Communications (ASND)
ASND 209.02-0.7%Nov 24 3:59 PM EST

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To: uu who wrote (21301)11/5/1997 6:58:00 PM
From: sea_biscuit  Read Replies (3) of 61433
 
Addi:

You seem to be implying, if not claiming, that analysts are perfect contrary indicators! My feeling is that analysts are usually incorrect, sometimes inept, oftentimes dishonest and almost always unreliable. Yes, they are unreliable even as contrary indicators!

The best course is to have one's own valuation parameters and follow them strictly, and simply disregard whatever the analysts say. Give their statements and pronouncements zero importance! Period.
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