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Technology Stocks : Ascend Communications (ASND)
ASND 220.42+4.9%Dec 12 9:30 AM EST
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To: JHC44 who wrote (47321)5/21/1998 9:29:00 AM
From: Peter Yang  Read Replies (2) of 61433
 
>>Morgan Stanley raised its price target from 45-50 to 55. Real brilliant when the stock is at 47! <<

So the upside potential is about 17% and less than 20%. What is the downside risk? If take $30 as the bottom, it's 37%. If take the recent low of 22 as the bottom, it's 53%. Those analysts are really smart and they always upgrade at the top.
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