Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 200.28

-1.0%

Dec 3 3:59 PM EST

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To: Pat Hughes who wrote (49565)	7/8/1998 11:45:00 AM
From: hitesh puri	Read Replies (1) of 61433

Unfortunately our gut feelings are "unfelt" on Wall Street. Incidentally, an excerpt of the Montogomery Securities downgrade of ASND from buy to hold was posted here by someone. He was probably quoting some news service who was providing the reason behind the downgrade which was valuation. But a key part of the research note was left out. The analyst put ASND on hold (subtle way of saying sell) and recommended rotating into CSCO. Now that will explain the 15% jump in CSCO within 7-8 days from 82 to 94. I wish I had read that report earlier. Well..... -hitesh

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