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Technology Stocks : Ascend Communications (ASND)
ASND 211.05-0.7%3:59 PM EST

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To: Gary Korn who wrote (34638)2/12/1998 4:49:00 PM
From: Peter Yang  Read Replies (2) of 61433
 
RE: ASND's action today:

Some people might have got the upgrade news before it hit the wire. That accounted for the runup. After the news was officially out and people found out that SoundView is still having a "hold" on ASND for long-term, they started selling! An analyst really can drive a stock up and down!

Short term "buy" and long term "hold": Does that mean if you're a trader buy it now and if you're an investor then hold?
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