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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Teddy who wrote (18869)10/23/1997 4:11:00 PM
From: Tim Luke  Respond to of 61433
 
what????



To: Teddy who wrote (18869)10/23/1997 4:18:00 PM
From: Peter Yang  Read Replies (2) | Respond to of 61433
 
VectorVest ProGraphics has an analysis for APM as well. It says APM has a value of about $76. However it has a "SELL" recommendation on APM even APM is currently at about $28. You think that makes any sense?



To: Teddy who wrote (18869)10/24/1997 12:05:00 AM
From: norm chin  Read Replies (2) | Respond to of 61433
 
Lisay posted:
"...PRICE: ASND closed on 22-Oct-1997 at $34.80 per share.
VALUE: ASND has a Value of $26.00 per share. Value is the
foundation of the VectorVest system. It is a measure of what a
stock is currently worth. Value is based upon earnings,
earnings ..."

What do you hope to accomplish by posting the above? If one experiments with that VectorVest software on a variety of stocks, one can easily conclude that it is one dumb program! We are familiar with the expression "garbage in garbage out" but in the case of the VectorVest program what we get is this:
"(a perfectly good stock) + VectorVest --> garbage out"