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Technology Stocks : Ascend Communications (ASND)
ASND 206.52-1.2%Nov 25 3:59 PM EST
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To: sunfish who wrote (21485)11/6/1997 5:49:00 PM
From: sepku  Read Replies (1) of 61433
 
>>> Surely a downgrade AFTER a stock has lost 40% of its value is not a test of accuracy. How about a downgrade in the high 70's once in a while! <<<

I wasn't referring to ASND at it's all-time high, I was talking about it's recent high (55). I couldn't care less about the stock previous to March...I wouldn't have been interested. For your information, most of the analysts downgraded ASND in the 40s. Considering ASND is at 25, their timing for once wasn't too shabby.

Style Pts.
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