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

To: sepku who wrote (20456)	11/2/1997 12:07:00 AM
From: Sector Investor	Respond to of 61433

<<This is why I find analyst ratings as extremely questionable and often times, even suspicious.>> Yes, I often use them as contrarian indicators. Look at this Spring when BAY and COMS were way down. The ANALysts had nothing good to say - yet both companies were only days away from major reversals. Then when BAY first hit the low-mid thirtys, all kinds of upgrades appeared (signaling to me to exit when it hit $36 - a bit early, but a good move - i did move the money to PAIR ). I don't trust them, but I have learned how to use them.